Number of Identified Exporters to Costa Rica from California

CACRIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,735.00

Year-over-Year Change

77.40%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Costa Rica from California' series tracks the total number of businesses in California that export goods to Costa Rica. This metric is important for economists and policymakers to understand trends in California's international trade 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

This series measures the count of unique California-based companies that have reported exporting products or services to Costa Rica. It provides insights into the scale and diversity of California's exporting activity to this important trade partner in Central America.

Methodology

The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.

Historical Context

Policymakers and trade analysts use this metric to assess California's export market performance and identify opportunities for growth.

Key Facts

  • California is the largest exporting state in the U.S.
  • Costa Rica is California's 33rd largest export destination.
  • Exports contribute over $170 billion annually to California's economy.

FAQs

Q: What does this economic trend measure?

A: This series tracks the number of unique California-based businesses that export goods or services to Costa Rica. It provides insights into the scale and diversity of California's exporting activity to this important trade partner.

Q: Why is this trend relevant for users or analysts?

A: This metric is important for economists and policymakers to understand trends in California's international trade performance and competitiveness. It can identify opportunities for export growth and inform policies to support California businesses in global markets.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to assess California's export market performance and identify opportunities for growth. It informs decisions around trade agreements, export promotion programs, and other initiatives to support California businesses in global markets.

Q: Are there update delays or limitations?

A: There may be delays in data reporting and availability due to the survey-based collection methodology. The metric also only captures formal, identified exporters and may not reflect the full scale of California's trade activity with Costa Rica.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Costa Rica from California (CACRIA475SCEN), retrieved from FRED.