Number of Identified Exporters to Sweden from Arizona
AZSWEA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
191.00
Year-over-Year Change
24.03%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Sweden from Arizona' measures the total number of businesses located in Arizona that export goods and services to Sweden. This metric is important for tracking Arizona's international trade and economic 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
This economic series tracks the count of exporters from Arizona to Sweden, providing insight into the state's trade relationships and ability to access global markets. The data can inform policymakers and businesses about Arizona's export dynamics and potential areas for growth.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and administrative records.
Historical Context
Policymakers and trade analysts use this metric to assess Arizona's export performance and competitiveness compared to other U.S. states.
Key Facts
- Arizona is a major exporting state, contributing over $24 billion in goods exports annually.
- Sweden is an important trade partner for Arizona, ranking as the state's 18th largest export destination.
- The number of identified Arizona exporters to Sweden has increased by 7% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of businesses located in Arizona that export goods and services to Sweden.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Arizona's international trade relationships and competitiveness, which is valuable information for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess Arizona's export performance and competitiveness compared to other U.S. states.
Q: Are there update delays or limitations?
A: There may be a 6-12 month delay in data availability due to the survey collection process.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Sweden from Arizona (AZSWEA475SCEN), retrieved from FRED.