Number of Identified Exporters to Turkey from Arkansas
ARTURA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.00
Year-over-Year Change
34.38%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Turkey from Arkansas' trend tracks the number of businesses based in Arkansas that export goods to Turkey. This metric provides insight into the trade relationship between Arkansas and the Turkish market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series measures the count of unique exporting establishments located in Arkansas that sell goods to Turkey. It serves as an indicator of the level of economic engagement and export activity between the state and the Turkish economy.
Methodology
The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Historical Context
This trend is used by economists and policymakers to assess the health of Arkansas' export sector and its commercial ties with Turkey.
Key Facts
- Arkansas exported $218 million in goods to Turkey in 2021.
- The number of identified Arkansas exporters to Turkey has grown by 15% since 2015.
- Turkey is Arkansas' 17th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique business establishments located in Arkansas that export goods to Turkey. It provides insight into the level of trade and commercial activity between the state and the Turkish market.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Arkansas' export performance and the health of its trade relationship with Turkey, a key international market. It is used by economists, policymakers, and businesses to assess export opportunities and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by state and federal policymakers to evaluate the effectiveness of trade promotion programs and identify opportunities to support Arkansas-based exporters accessing the Turkish market.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so the most recent figures may not reflect the current state of Arkansas' trade with Turkey. Additionally, the survey methodology may not capture all exporting establishments, leading to potential undercounting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Turkey from Arkansas (ARTURA475SCEN), retrieved from FRED.