Value of Exports to Liberia from Florida
FLLBRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,286,199.00
Year-over-Year Change
85.22%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Liberia from Florida' series measures the dollar value of goods exported from the state of Florida to the West African nation of Liberia. This metric is closely watched by trade analysts and policymakers to gauge the strength of 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 data series tracks the total dollar value of merchandise exports, including agricultural products, machinery, and other goods, flowing from Florida to Liberia. Understanding these trade flows provides insight into the commercial relationship and potential growth opportunities between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through mandatory surveys of exporting businesses.
Historical Context
Export trends are a key indicator used by the Federal Reserve, international trade organizations, and Florida state agencies to monitor the health of the state's export economy.
Key Facts
- Florida is one of the top exporting states in the U.S.
- Liberia is an important African trade partner for Florida businesses
- Exports to Liberia support thousands of jobs in the Florida economy
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of merchandise exports flowing from the state of Florida to the country of Liberia.
Q: Why is this trend relevant for users or analysts?
A: Understanding export flows between Florida and Liberia provides insights into the commercial relationship and growth opportunities between the two economies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Export trends are closely monitored by the Federal Reserve, trade organizations, and Florida state agencies to gauge the health of the state's export economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month reporting lag.
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Citation
U.S. Federal Reserve, Value of Exports to Liberia from Florida (FLLBRA052SCEN), retrieved from FRED.