Number of Identified Exporters to Spain from Arizona
AZESPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
231.00
Year-over-Year Change
10.53%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters from the U.S. state of Arizona to Spain. It provides insights into Arizona's export activity and trade relationship with the Spanish 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
The Number of Identified Exporters to Spain from Arizona is an economic indicator that tracks the count of unique businesses located in Arizona that are identified as exporting goods to Spain. This metric offers insights into the scale and dynamics of Arizona's export sector and its engagement with the Spanish economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of domestic businesses.
Historical Context
This trend is used by economists, policymakers, and businesses to analyze Arizona's export performance and competitiveness in the Spanish market.
Key Facts
- Arizona exported $1.3 billion worth of goods to Spain in 2021.
- The number of identified Arizona exporters to Spain has grown by 25% over the past 5 years.
- Spain is Arizona's 5th largest export destination, accounting for 4% of the state's total exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in Arizona that are identified as exporting goods to Spain.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the scale and dynamics of Arizona's export sector and its engagement with the Spanish economy, which is valuable for understanding the state's international trade performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of domestic businesses.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and businesses to analyze Arizona's export performance and competitiveness in the Spanish market, which can inform trade policies, investment decisions, and export promotion strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in capturing all exporting businesses, especially smaller or irregular exporters.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Spain from Arizona (AZESPA475SCEN), retrieved from FRED.