Number of Identified Exporters to United Kingdom from Delaware
DEGBRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
159.00
Year-over-Year Change
43.24%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to United Kingdom from Delaware' metric tracks the volume of exporting businesses based in Delaware that sell goods or services to the United Kingdom. This data provides insights into the state's international trade activity and competitiveness.
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 count of exporters located in the state of Delaware that report sales to the United Kingdom. It serves as an indicator of the strength and diversity of Delaware's export economy and can inform economic policy, business investment, and trade negotiations.
Methodology
The data is collected through mandatory exporter surveys conducted by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to evaluate Delaware's export performance and competitiveness in global markets.
Key Facts
- Delaware exports to the UK totaled $1.2 billion in 2020.
- The number of identified Delaware exporters to the UK has grown by 7% over the past 5 years.
- Pharmaceutical products are Delaware's top export to the United Kingdom.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in the state of Delaware that report exporting goods or services to the United Kingdom.
Q: Why is this trend relevant for users or analysts?
A: The 'Number of Identified Exporters to United Kingdom from Delaware' provides insight into the state's international trade activity and export competitiveness, which is valuable information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through mandatory exporter surveys conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to evaluate Delaware's export performance and competitiveness in global markets, which can inform economic development strategies, trade negotiations, and investment decisions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the survey-based collection process, and the metric may not capture all exporting activity from Delaware to the UK.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to United Kingdom from Delaware (DEGBRA475SCEN), retrieved from FRED.