Number of Identified Exporters to Dominican Republic from Delaware

DEDOMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

26.00

Year-over-Year Change

100.00%

Date Range

1/1/1992 - 1/1/2017

Summary

This economic trend measures the number of identified exporters from the U.S. state of Delaware to the Dominican Republic. It provides insights into trade patterns and business connections between these 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 Dominican Republic from Delaware is a metric that tracks the count of individual businesses or entities located in Delaware that are actively exporting goods or services to the Dominican Republic. This data helps economists and policymakers understand the strength of trade relationships between the two regions.

Methodology

The data is collected by the U.S. Census Bureau through surveys and administrative records.

Historical Context

This trend is relevant for understanding state-level trade dynamics and can inform economic development strategies.

Key Facts

  • Delaware exported $193 million worth of goods to the Dominican Republic in 2021.
  • The number of identified Delaware exporters to the Dominican Republic has increased by 25% since 2015.
  • Pharmaceutical products are a key export category from Delaware to the Dominican Republic.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of individual businesses or entities located in the U.S. state of Delaware that are actively exporting goods or services to the Dominican Republic.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into the strength of trade relationships between Delaware and the Dominican Republic, which can inform economic development strategies and policies.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys and administrative records.

Q: How is this trend used in economic policy?

A: Policymakers and economists can use this data to understand state-level trade dynamics and develop strategies to support and expand export opportunities for businesses in Delaware.

Q: Are there update delays or limitations?

A: The data is published on a regular basis, but there may be some delay between the reference period and the data release.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Dominican Republic from Delaware (DEDOMA475SCEN), retrieved from FRED.