Number of Identified Exporters to Bermuda from Kentucky

KYBMUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

50.00

Year-over-Year Change

56.25%

Date Range

1/1/1992 - 1/1/2017

Summary

This trend measures the number of businesses in Kentucky that export goods to Bermuda. It provides insights into trade flows and economic relationships between Kentucky and Bermuda.

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 Bermuda from Kentucky tracks the count of unique Kentucky-based entities that report exporting merchandise to Bermuda. This data offers a view into the trade dynamics and commercial ties between the two regions.

Methodology

The data is collected by the U.S. Census Bureau through survey responses from Kentucky exporters.

Historical Context

This metric is useful for policymakers and analysts studying regional trade patterns and market opportunities.

Key Facts

  • Kentucky exported $X.XX million in goods to Bermuda in 20XX.
  • Bermuda is Kentucky's Xth largest export market.
  • The number of Kentucky exporters to Bermuda has [increased/decreased] by X% over the past Y years.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique Kentucky-based businesses that report exporting goods to Bermuda. It provides insight into trade flows and commercial relationships between the two regions.

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

A: This metric is useful for policymakers, economists, and market analysts studying regional trade patterns, export market opportunities, and the strength of economic ties between Kentucky and Bermuda.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through survey responses from Kentucky exporters.

Q: How is this trend used in economic policy?

A: This trend can inform trade policy decisions, investment strategies, and efforts to promote exports and economic development between Kentucky and Bermuda.

Q: Are there update delays or limitations?

A: The data is subject to a X-month reporting delay, and may not capture all exporting activity due to survey nonresponse or changes in business operations.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Bermuda from Kentucky (KYBMUA475SCEN), retrieved from FRED.