Number of Identified Exporters to Canada from Delaware
DECANA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
385.00
Year-over-Year Change
23.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Canada from Delaware' measures the total number of businesses located in Delaware that export goods to Canada. This data provides insight into trade activity and economic ties 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 economic trend tracks the count of unique Delaware-based companies that sell products or services to Canadian customers. It offers a view into the scale and dynamics of cross-border trade between Delaware and its northern neighbor.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to assess the health of Delaware's export sector and commercial relationships.
Key Facts
- Delaware exported over $1 billion in goods to Canada in 2021.
- The number of Delaware exporters to Canada has grown by 25% since 2015.
- Canada is the top international destination for products from Delaware.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of businesses located in Delaware that export goods or services to Canada, providing insight into trade activity between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This data offers valuable information about the scale and dynamics of cross-border trade, which is important for policymakers, trade analysts, and businesses seeking to understand Delaware's export sector and commercial relationships.
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 and trade analysts use this metric to assess the health of Delaware's export sector and commercial relationships, which can inform decisions related to trade agreements, export promotion programs, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is subject to the typical publication schedules and potential revisions common to U.S. government economic statistics.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Canada from Delaware (DECANA475SCEN), retrieved from FRED.