Number of Identified Exporters to Dominican Republic from Kansas
KSDOMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84.00
Year-over-Year Change
78.72%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Dominican Republic from Kansas' series tracks the count of unique businesses located in Kansas that have reported exporting goods to the Dominican Republic. This metric provides insight into the trade dynamics and economic connections between Kansas and the Dominican Republic.
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 data series is published by the U.S. Census Bureau and provides a direct measure of the commercial activity and export relationships between Kansas-based companies and the Dominican Republic market. Economists and policymakers use this information to analyze trade patterns, assess the competitiveness of local businesses, and identify potential areas for trade promotion or policy interventions.
Methodology
The data is collected through mandatory business surveys and customs reporting.
Historical Context
Trends in the number of Kansas exporters to the Dominican Republic offer insights relevant to trade, economic development, and international commerce policies.
Key Facts
- Kansas exported over $120 million in goods to the Dominican Republic in 2021.
- The number of identified Kansas exporters to the Dominican Republic has grown by 15% since 2015.
- Top export categories from Kansas to the Dominican Republic include machinery, transportation equipment, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of unique businesses located in Kansas that have reported exporting goods to the Dominican Republic.
Q: Why is this trend relevant for users or analysts?
A: Trends in the number of Kansas exporters to the Dominican Republic offer insights into trade dynamics, market access, and economic connections between the two regions.
Q: How is this data collected or calculated?
A: The data is collected through mandatory business surveys and customs reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this information to analyze trade patterns, assess the competitiveness of local businesses, and identify potential areas for trade promotion or policy interventions.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag and may not capture all exporting activity due to reporting requirements.
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Citation
U.S. Census Bureau, Number of Identified Exporters to Dominican Republic from Kansas (KSDOMA475SCEN), retrieved from FRED.