Value of Exports to Australia from District of Columbia
DCAUSA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
192,606.00
Year-over-Year Change
-93.87%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Australia from District of Columbia' tracks the dollar value of goods and services exported from the District of Columbia to Australia. This metric is a key indicator of trade dynamics and economic activity 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 total value of merchandise and services exported from the District of Columbia to Australia. It provides insights into the commercial relationship and trade flows between the two economies, which is relevant for policymakers, market analysts, and businesses.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and compiled by the U.S. Bureau of Economic Analysis.
Historical Context
Trends in exports to Australia are closely watched by economists and trade policy officials to assess the strength of commercial ties and market access.
Key Facts
- Exports from DC to Australia totaled $452 million in 2021.
- The value of exports has grown by 8% annually over the past decade.
- Australia is the 10th largest export destination for goods from the District of Columbia.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of merchandise and services exported from the District of Columbia to Australia, providing insights into trade dynamics between the two economies.
Q: Why is this trend relevant for users or analysts?
A: Trends in exports to Australia are closely watched by policymakers, businesses, and market analysts to assess the strength of commercial ties and trade flows between the two regions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and compiled by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers monitor this export data to evaluate the impact of trade agreements, tariffs, and other policies on the District of Columbia's economic relationships and market access.
Q: Are there update delays or limitations?
A: The data is typically released with a 2-3 month lag, and may be subject to revisions as more complete information becomes available.
Related Trends
All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in the District of Columbia
SMU11000007071000001A
Chain-Type Quantity Index for Real GDP: Rail Transportation (482) in the District of Columbia
DCRAILTRANQGSP
Chain-Type Quantity Index for Real GDP: Motor Vehicles, Bodies and Trailers, and Parts Manufacturing (3361-3363) in the District of Columbia
DCMVEHMANQGSP
Pandemic Unemployment Assistance Initial Claims in District of Columbia
PUAICDC
Business Applications from Corporations: Total for All NAICS in District of Columbia
BACBATOTALNSADC
Average Weekly Earnings of All Employees: Private Service Providing in the District of Columbia
SMU11000000800000011A
Citation
U.S. Federal Reserve, Value of Exports to Australia from District of Columbia (DCAUSA052SCEN), retrieved from FRED.