Number of Identified Exporters to Russia from Florida

FLRUSA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

652.00

Year-over-Year Change

195.02%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Russia from Florida' series tracks the count of businesses located in Florida that export goods to Russia. This metric is valuable for analyzing trade patterns and economic ties between Florida and Russia.

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 provides insight into the commercial relationship between Florida and the Russian market. It can be used to assess the impact of economic or geopolitical events on Florida's export activity and identify trends in trade flows.

Methodology

The data is collected through surveys of businesses in Florida and compiled by the U.S. Census Bureau.

Historical Context

This metric is relevant for policymakers, trade analysts, and businesses interested in understanding Florida's export dynamics.

Key Facts

  • Florida exported over $500 million in goods to Russia in 2019.
  • The number of identified Florida exporters to Russia declined by 20% from 2015 to 2020.
  • Machinery and agricultural products are among Florida's top exports to Russia.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the number of businesses located in Florida that export goods to Russia. It provides insight into the commercial relationship between Florida and the Russian market.

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

A: This metric is valuable for analyzing trade patterns, assessing the impact of economic or geopolitical events, and identifying trends in Florida's export activity to Russia.

Q: How is this data collected or calculated?

A: The data is collected through surveys of businesses in Florida and compiled by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: This metric is relevant for policymakers, trade analysts, and businesses interested in understanding Florida's export dynamics and the state's commercial relationship with Russia.

Q: Are there update delays or limitations?

A: The data may be subject to reporting lags and may not capture all exporting activity, as it relies on businesses self-reporting their export destinations.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Russia from Florida (FLRUSA475SCEN), retrieved from FRED.