Number of Identified Exporters to Russia from California
CARUSA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,303.00
Year-over-Year Change
71.67%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of California-based businesses that have been identified as exporting goods to Russia. It provides insights into trade patterns and the impact of sanctions or market changes.
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 Russia from California metric tracks firms based in California that have been observed exporting goods to the Russian market. This data point is used by economists and policymakers to analyze the exposure of the state's businesses to the Russian economy.
Methodology
The data is collected through customs and trade records maintained by the U.S. government.
Historical Context
This trend is relevant for understanding California's economic ties to Russia and how they may be affected by geopolitical events or trade policies.
Key Facts
- California is a major exporter to Russia.
- Exports to Russia account for a small but significant portion of the state's total international trade.
- The number of identified exporters has declined in recent years due to sanctions and geopolitical tensions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses based in California that have been identified as exporting goods to Russia.
Q: Why is this trend relevant for users or analysts?
A: This data point is useful for understanding the exposure of California's economy to the Russian market and how it may be affected by trade policies or geopolitical events.
Q: How is this data collected or calculated?
A: The data is collected through customs and trade records maintained by the U.S. government.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze the potential impact of sanctions or other trade measures on California businesses with ties to the Russian market.
Q: Are there update delays or limitations?
A: The data may have a delay in reporting due to the time required to compile trade records, and it may not capture all exporting activity due to limitations in data collection.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Russia from California (CARUSA475SCEN), retrieved from FRED.