Number of Identified Exporters to British Indian Ocean Territory from Iowa

IAIOTA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.00

Year-over-Year Change

200.00%

Date Range

1/1/2003 - 1/1/2016

Summary

This economic trend measures the number of exporters from the U.S. state of Iowa that ship goods to the British Indian Ocean Territory, providing insights into Iowa's international trade patterns.

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 British Indian Ocean Territory from Iowa metric tracks the total number of unique businesses based in Iowa that export products or services to the British Indian Ocean Territory, a remote island chain administered by the United Kingdom.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses.

Historical Context

This trend is relevant for analyzing Iowa's export economy and trade relationships.

Key Facts

  • Iowa exported goods worth $16.1 billion in 2021.
  • The British Indian Ocean Territory has a population of just over 3,000 people.
  • Machinery and transportation equipment are major export categories from Iowa.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of unique businesses based in the U.S. state of Iowa that export products or services to the British Indian Ocean Territory.

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

A: This trend provides insights into Iowa's export economy and trade relationships, which is important for understanding the state's economic performance and growth.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: This trend can be used by policymakers and economists to analyze Iowa's international trade patterns and develop strategies to support the state's export-oriented businesses.

Q: Are there update delays or limitations?

A: There may be delays in data reporting, and the metric only captures exports to the British Indian Ocean Territory, which has a small population and limited economic activity.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to British Indian Ocean Territory from Iowa (IAIOTA475SCEN), retrieved from FRED.