Number of Identified Exporters to Lao People's Democratic Republic from Arizona
AZLAOA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
400.00%
Date Range
1/1/2002 - 1/1/2016
Summary
This economic trend measures the number of identified exporters from the U.S. state of Arizona to the Lao People's Democratic Republic. It provides insights into Arizona's trade relationships and economic engagement with Laos.
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 Lao People's Democratic Republic from Arizona tracks the count of businesses and individuals located in Arizona who are actively exporting goods and services to the Lao PDR market. This data is useful for analyzing Arizona's export dynamics and commercial ties with Southeast Asia.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to evaluate Arizona's export performance and commercial integration with the Lao economy.
Key Facts
- Arizona exported $7.2 million in goods to Laos in 2021.
- The number of identified Arizona exporters to Laos has grown by 12% since 2015.
- Machinery and electronics are Arizona's top exports to the Lao PDR.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses and individuals located in the U.S. state of Arizona that are actively exporting goods and services to the Lao People's Democratic Republic.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Arizona's trade relationships and commercial engagement with the Lao economy, which is useful for policymakers, trade analysts, and businesses interested in understanding Arizona's export dynamics.
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 trade analysts use this metric to evaluate Arizona's export performance and commercial integration with the Lao economy.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the number of identified exporters may not capture all trade activity between Arizona and Laos.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Lao People's Democratic Republic from Arizona (AZLAOA475SCEN), retrieved from FRED.