Number of Identified Exporters to Senegal from California
CASENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75.00
Year-over-Year Change
-26.47%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Senegal from California' series tracks the count of companies located in California that export goods to Senegal. This metric provides insight into trade activity and commercial relationships between the two regions.
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 number of unique exporters based in California that sell products or services to customers in Senegal. It offers a window into the scale and trends of California-Senegal trade, which is an important indicator for economists and policymakers examining bilateral commerce.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Trends in this series can inform trade policy discussions and commercial strategies between California and Senegal.
Key Facts
- California is the largest exporting state in the U.S.
- Senegal is a growing market for California exports.
- Trade with Africa represents a small but increasing share of California's international commerce.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of companies located in California that export goods or services to customers in Senegal.
Q: Why is this trend relevant for users or analysts?
A: Trends in California-Senegal trade activity provide insights into the commercial relationship between the two regions, which is of interest to economists, policymakers, and businesses.
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 can use this data to inform trade agreements, export promotion programs, and other initiatives aimed at fostering economic cooperation between California and Senegal.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series does not capture all exporting activity, as it only identifies 'identified' exporters.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Senegal from California (CASENA475SCEN), retrieved from FRED.