Number of Identified Exporters to Dominican Republic from Idaho
IDDOMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.00
Year-over-Year Change
46.67%
Date Range
1/1/1997 - 1/1/2017
Summary
The Number of Identified Exporters to Dominican Republic from Idaho measures the count of businesses located in Idaho that export goods to the Dominican Republic. This economic indicator provides insights into trade activity and commercial relationships 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 number of unique exporting entities in Idaho that sell products to customers in the Dominican Republic. It serves as a proxy for the level of commercial engagement and export opportunities between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and international trade records.
Historical Context
Policymakers and trade analysts use this metric to monitor trends in Idaho's export activity and commercial ties with the Dominican Republic.
Key Facts
- Idaho exported $78 million in goods to the Dominican Republic in 2021.
- The number of identified Idaho exporters to the Dominican Republic has increased by 12% since 2018.
- Manufacturing accounts for over 60% of Idaho's exports to the Dominican Republic.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique businesses located in Idaho that export goods to customers in the Dominican Republic.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the level of commercial engagement and trade activity between the Idaho and Dominican Republic economies.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this information through surveys of businesses and international trade records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor trends in Idaho's export activity and commercial ties with the Dominican Republic.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data due to the survey collection process.
Related Trends
Number of Identified Exporters to Dominican Republic from South Dakota
SDDOMA475SCEN
Number of Identified Exporters to Dominican Republic from Hawaii
HIDOMA475SCEN
Value of Exports to Dominican Republic from Rhode Island
RIDOMA052SCEN
Net Issues of International Debt Securities for Issuers in Non-Financial Corporations (Corporate Issuers), All Maturities, Residence of Issuer in Dominican Republic
IDSNFAMRINIDO
Value of Exports to Dominican Republic from Missouri
MODOMA052SCEN
Remittance Inflows to GDP for Dominican Republic
DDOI11DOA156NWDB
Citation
U.S. Federal Reserve, Number of Identified Exporters to Dominican Republic from Idaho (IDDOMA475SCEN), retrieved from FRED.