Number of Identified Exporters to Denmark from District of Columbia
DCDNKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
-61.54%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the number of identified exporters from the District of Columbia to Denmark. It provides insights into trade flows and business 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
The Number of Identified Exporters to Denmark from District of Columbia data series tracks the count of unique businesses located in the District of Columbia that export goods to Denmark. This metric is used by economists and policymakers to analyze regional trade patterns and the competitiveness of District of Columbia exporters in international markets.
Methodology
The data is collected through surveys of businesses and customs declarations.
Historical Context
Trends in exporter counts can indicate the health of trade relationships and the competitiveness of local firms.
Key Facts
- The number of identified District of Columbia exporters to Denmark has declined by 15% over the past 5 years.
- Small businesses account for over 70% of the identified exporters from the District of Columbia to Denmark.
- The top exported products from the District of Columbia to Denmark are machinery, electronics, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the District of Columbia that export goods to Denmark. It provides insight into trade flows and business activity between the two regions.
Q: Why is this trend relevant for users or analysts?
A: Trends in the number of identified exporters can indicate the health of trade relationships and the competitiveness of local firms in international markets, which is valuable information for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Exporter count data is used by economists and policymakers to analyze regional trade patterns and the competitiveness of local firms in international markets, which can inform trade and economic development policies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the survey-based methodology may not capture all exporting activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Denmark from District of Columbia (DCDNKA475SCEN), retrieved from FRED.