Number of Identified Exporters to Ecuador from Arizona
AZECUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44.00
Year-over-Year Change
37.50%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Ecuador from Arizona' trend measures the count of unique businesses located in Arizona that have exported goods to Ecuador. This provides insight into trade flows and economic connectivity between the U.S. state and the South American country.
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 metric tracks the number of distinct companies based in Arizona that have reported exporting products or services to Ecuador. It serves as an indicator of the level of economic engagement and trade relationship between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through mandatory reporting on international trade activities.
Historical Context
Policymakers and economists analyze this trend to assess the health of Arizona's export economy and its integration with foreign markets.
Key Facts
- Arizona exported over $150 million in goods to Ecuador in 2021.
- The number of identified Arizona exporters to Ecuador has grown by 25% since 2015.
- Top Arizona exports to Ecuador include machinery, transportation equipment, and computer/electronic products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the count of unique businesses located in the U.S. state of Arizona that have reported exporting goods or services to Ecuador.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic relationship and trade flows between Arizona and Ecuador, which is useful for policymakers, businesses, and economists analyzing regional economic activity.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory reporting on international trade activities by companies.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to assess the health of Arizona's export economy and its integration with the Ecuadorian market, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data due to the time required for companies to submit their trade information.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Ecuador from Arizona (AZECUA475SCEN), retrieved from FRED.