Number of Identified Exporters to Russia from Kentucky
KYRUSA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.00
Year-over-Year Change
60.98%
Date Range
1/1/1992 - 1/1/2017
Summary
This data series tracks the number of exporters based in Kentucky that sell goods and services to Russia. It provides insight into the trade relationship between Kentucky and the Russian market.
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 Russia from Kentucky is a key metric for understanding Kentucky's export activity and economic ties with Russia. It can be used to assess the state's export diversification and the impact of geopolitical events on local businesses.
Methodology
The data is collected through surveys of Kentucky businesses and export transaction records.
Historical Context
Policymakers and trade analysts use this data to evaluate Kentucky's trade exposure and formulate economic development strategies.
Key Facts
- Kentucky exported $X.X billion in goods to Russia in 20XX.
- The number of Kentucky exporters to Russia has declined by Y% since 20XX.
- Manufacturing accounts for Z% of Kentucky's exports to Russia.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of businesses based in Kentucky that export goods or services to Russia. It provides insight into the trade relationship between the state and the Russian market.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Kentucky's export diversification and assessing the impact of geopolitical events on local businesses. Policymakers and trade analysts use this data to evaluate the state's trade exposure and formulate economic development strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Kentucky businesses and export transaction records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this data to evaluate Kentucky's trade exposure and formulate economic development strategies.
Q: Are there update delays or limitations?
A: The data may have a X-month update delay, and it only covers identified exporters, so it may not reflect the full scope of Kentucky's trade with Russia.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Russia from Kentucky (KYRUSA475SCEN), retrieved from FRED.