Number of Identified Exporters to Sweden from District of Columbia
DCSWEA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
-91.67%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to Sweden from District of Columbia' tracks the count of businesses located in Washington, D.C. that export goods and services to Sweden. This metric provides insight into the trade relationship between the District of Columbia and the Swedish economy.
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 represents the total number of exporters based in the District of Columbia that sell products or services to Sweden. It serves as an indicator of the strength and connectivity of the trade linkages between these two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses engaged in international trade.
Historical Context
This trend is useful for policymakers and economists analyzing the foreign trade dynamics of the District of Columbia.
Key Facts
- The series has been tracked since 1997.
- The highest number of identified exporters was recorded in 2019.
- The COVID-19 pandemic led to a decline in the number of exporters in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses located in the District of Columbia that export goods or services to Sweden.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Washington, D.C. and the Swedish economy, which is useful for policymakers and economists analyzing regional trade dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses engaged in international trade.
Q: How is this trend used in economic policy?
A: This trend can be used by policymakers and economists to monitor the strength of trade linkages between the District of Columbia and Sweden, which can inform decisions related to international trade and economic development.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the accuracy of the trend may be affected by changes in survey methodology or business reporting practices.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Sweden from District of Columbia (DCSWEA475SCEN), retrieved from FRED.