Value of Exports to Sweden from Florida
FLSWEA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57,601,081.00
Year-over-Year Change
-64.26%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Sweden from Florida' measures the total dollar value of goods exported from the state of Florida to Sweden. This metric is relevant for economists and policymakers to assess trade dynamics and economic integration 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 series tracks the value of Florida's exports to Sweden, providing insight into the commercial relationship and economic ties between the state and the Scandinavian country. Analyzing export trends can inform trade policy, investment decisions, and economic development strategies.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and businesses use this metric to monitor the strength of Florida's export markets and trade competitiveness.
Key Facts
- Florida is a major exporting state, with Sweden as an important trade partner.
- Exports to Sweden account for a small but meaningful portion of Florida's total exports.
- Trade with Sweden supports jobs and economic activity in Florida's manufacturing and agricultural sectors.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods exported from the state of Florida to Sweden.
Q: Why is this trend relevant for users or analysts?
A: Tracking Florida's exports to Sweden provides insight into the economic relationship and trade dynamics between the two regions, which is relevant for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this metric to monitor the strength of Florida's export markets and trade competitiveness, which can inform trade policy, investment decisions, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedules and limitations of U.S. Census Bureau trade statistics.
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Citation
U.S. Federal Reserve, Value of Exports to Sweden from Florida (FLSWEA052SCEN), retrieved from FRED.