Number of Identified Exporters to United Kingdom from Arizona
AZGBRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
848.00
Year-over-Year Change
25.26%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic indicator tracks the number of businesses in the U.S. state of Arizona that export goods to the United Kingdom. It provides insights into Arizona's international trade activity and competitiveness.
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 United Kingdom from Arizona series measures the count of unique businesses located in Arizona that exported goods to the United Kingdom in a given time period. This metric offers a window into the cross-border trade dynamics and export orientation of Arizona's economy.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and economists analyze this indicator to assess Arizona's export performance and international competitiveness.
Key Facts
- Arizona exported $4.6 billion worth of goods to the UK in 2021.
- The number of identified Arizona exporters to the UK increased by 7% in 2022.
- The top exported products from Arizona to the UK are aerospace equipment and agricultural commodities.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of businesses located in the U.S. state of Arizona that export goods to the United Kingdom in a given time period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Arizona's international trade dynamics and the export orientation of its economy, which is valuable information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this indicator to assess Arizona's export performance and international competitiveness, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all exporting businesses due to survey limitations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to United Kingdom from Arizona (AZGBRA475SCEN), retrieved from FRED.