Number of Identified Exporters to Denmark from Arizona
AZDNKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.00
Year-over-Year Change
1.61%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of businesses in Arizona that export goods and services to Denmark. It is an important indicator of trade activity and economic integration between Arizona and Denmark.
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
The Number of Identified Exporters to Denmark from Arizona tracks the count of unique companies based in Arizona that sell products or services to Denmark. This metric provides insight into the commercial and economic ties between the state and the Danish market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Policymakers and trade analysts use this trend to evaluate Arizona's export performance and competitiveness in the Danish market.
Key Facts
- Arizona exported over $200 million in goods to Denmark in 2021.
- The number of identified Arizona exporters to Denmark has grown by 15% over the past 5 years.
- Top export categories from Arizona to Denmark include technology, aerospace, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in Arizona that export goods or services to Denmark. It is an indicator of trade activity and commercial integration between the state and the Danish market.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into Arizona's export performance and competitiveness in the Danish market, which is relevant for policymakers, trade analysts, and businesses seeking to understand state-level trade dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this trend to evaluate Arizona's export activity and trade relationships, which can inform decisions around economic development, international trade agreements, and export promotion programs.
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 Arizona's exports to Denmark.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Denmark from Arizona (AZDNKA475SCEN), retrieved from FRED.