Number of Identified Exporters to Barbados from Illinois
ILBRBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160.00
Year-over-Year Change
56.86%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Barbados from Illinois' series tracks the count of Illinois-based companies that export goods to the Caribbean island nation of Barbados. This metric provides insight into the trade relationship between Illinois and Barbados.
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 economic indicator measures the number of businesses located in Illinois that are identified as exporting to Barbados. It serves as a proxy for the strength of the export-import trade flows between the two regions and can be used to analyze trends in Illinois' economic engagement with the Barbadian market.
Methodology
The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this series to monitor Illinois' export performance and competitiveness in the Barbadian market.
Key Facts
- Illinois exported $42 million in goods to Barbados in 2021.
- The number of identified Illinois exporters to Barbados has grown by 15% since 2015.
- Machinery and agricultural products are the top Illinois exports to Barbados.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses located in Illinois that are identified as exporting goods to Barbados.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of the trade relationship between Illinois and Barbados, which is useful for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to monitor Illinois' export performance and competitiveness in the Barbadian market.
Q: Are there update delays or limitations?
A: The data is published with a few months' delay and may not capture all exporting activity.
Related Trends
Value of Exports to Barbados from New Hampshire
NHBRBA052SCEN
Loans from Non-Resident Banks, Net, to GDP for Barbados
DDOI08BBA156NWDB
Number of Identified Exporters to Barbados from Missouri
MOBRBA475SCEN
Cash surplus/deficit (% of GDP) for Barbados
CASHBLBBA188A
Bank Lending Deposit Spread for Barbados
DDEI02BBA156NWDB
Value of Exports to Barbados from Alaska
AKBRBA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Barbados from Illinois (ILBRBA475SCEN), retrieved from FRED.