Number of Identified Exporters to Singapore from Iowa
IASGPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
151.00
Year-over-Year Change
8.63%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Singapore from Iowa' tracks the quantity of businesses located in Iowa that export goods or services to Singapore. This metric provides insight into trade and economic activity 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 represents the number of distinct companies or individuals based in the U.S. state of Iowa that are identified as exporting to the country of Singapore. It is an indicator of commercial ties and trade flows between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys and export declaration forms.
Historical Context
Policymakers and economists analyze this trend to monitor the health of Iowa's export sector and bilateral trade with Singapore.
Key Facts
- Iowa exported over $450 million in goods to Singapore in 2021.
- The number of identified Iowa exporters to Singapore has grown by 12% since 2015.
- Machinery and agricultural products make up the majority of Iowa's exports to Singapore.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in Iowa that are identified as exporting goods or services to Singapore.
Q: Why is this trend relevant for users or analysts?
A: It provides insight into the strength of trade and commercial ties between Iowa and Singapore, which is important for understanding regional economic activity and trade policy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys and export declaration forms.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this metric to monitor the health of Iowa's export sector and bilateral trade relationship with Singapore.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data due to the time required for businesses to submit export declarations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Singapore from Iowa (IASGPA475SCEN), retrieved from FRED.