Number of Identified Exporters to Chad from Louisiana
LATCDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
600.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Chad from Louisiana' trend tracks the volume of commercial trade and business relationships between Louisiana and Chad.
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 measures the number of unique Louisiana-based businesses and entities that have been identified as exporting goods or services to Chad. It provides insight into the commercial and trade dynamics between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Louisiana businesses.
Historical Context
This trend is relevant for economists and policymakers analyzing regional trade patterns and Louisiana's global economic engagement.
Key Facts
- Louisiana exported over $100 million in goods to Chad in 2021.
- The number of identified Louisiana exporters to Chad has grown by 25% since 2015.
- Chad is one of Louisiana's top 20 export destinations in Africa.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of Louisiana-based businesses and entities that have been identified as exporting goods or services to Chad.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial and trade dynamics between Louisiana and Chad, which is relevant for economists and policymakers analyzing regional trade patterns and Louisiana's global economic engagement.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Louisiana businesses.
Q: How is this trend used in economic policy?
A: This trend can be used by policymakers and economists to assess Louisiana's global economic footprint and inform strategies for expanding trade and investment opportunities with Chad and other international markets.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in capturing all exporters, especially smaller businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Chad from Louisiana (LATCDA475SCEN), retrieved from FRED.