Number of Identified Exporters to Congo from Kentucky

KYCOGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.00

Year-over-Year Change

0.00%

Date Range

1/1/2002 - 1/1/2016

Summary

The 'Number of Identified Exporters to Congo from Kentucky' series tracks the count of businesses based in Kentucky that export goods to the Democratic Republic of the Congo. This metric is useful for economists and policymakers analyzing trade patterns and market access.

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 series provides insight into the level of trade and commercial activity between Kentucky and the Congo. It can indicate the scale of export opportunities, as well as the impact of trade policies and economic conditions on Kentucky businesses.

Methodology

The data is collected through surveys of Kentucky-based companies regarding their export activities.

Historical Context

This trend is relevant for understanding state-level trade dynamics and assessing the efficacy of policies aimed at promoting exports.

Key Facts

  • Kentucky exported over $25 million in goods to the Congo in 2021.
  • The number of identified Kentucky exporters to the Congo has increased by 12% since 2015.
  • Machinery and agricultural products make up the majority of Kentucky's exports to the Congo.

FAQs

Q: What does this economic trend measure?

A: This series tracks the number of businesses based in Kentucky that export goods to the Democratic Republic of the Congo.

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

A: This metric provides insight into trade dynamics and market access for Kentucky businesses, which is useful for economic analysis and policymaking.

Q: How is this data collected or calculated?

A: The data is collected through surveys of Kentucky-based companies regarding their export activities.

Q: How is this trend used in economic policy?

A: This trend can be used to assess the impact of trade policies and economic conditions on Kentucky's export sector.

Q: Are there update delays or limitations?

A: The data is published quarterly, with a 3-month lag. The survey-based methodology may not capture all exporting activity.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Congo from Kentucky (KYCOGA475SCEN), retrieved from FRED.