Number of Identified Exporters to Dominican Republic from Oregon
ORDOMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.00
Year-over-Year Change
54.55%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to the Dominican Republic from the U.S. state of Oregon. It provides insights into the trade activities and commercial relationships between Oregon businesses and the Dominican 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 Dominican Republic from Oregon series tracks the count of unique companies or individuals located in Oregon that have exported goods or services to the Dominican Republic. This data point is useful for analyzing Oregon's trade patterns and integration with the Dominican economy.
Methodology
The data is collected by the U.S. Census Bureau through its Exporter Database program.
Historical Context
This metric can inform policymakers and businesses about Oregon's export performance and potential trade opportunities with the Dominican Republic.
Key Facts
- Oregon exported $93 million worth of goods to the Dominican Republic in 2020.
- The number of identified Oregon exporters to the Dominican Republic has grown by 15% over the past 5 years.
- Top export categories from Oregon to the Dominican Republic include machinery, agricultural products, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses and individuals located in the U.S. state of Oregon that have exported goods or services to the Dominican Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Oregon's trade relationships and integration with the Dominican economy, which can inform business strategies, policymaking, and analysis of regional economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its Exporter Database program.
Q: How is this trend used in economic policy?
A: This trend can inform policymakers and businesses about Oregon's export performance and potential trade opportunities with the Dominican Republic, supporting decisions related to economic development, trade agreements, and market access.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically 6-12 months behind the current period. Additionally, the Exporter Database may not capture all export activities, particularly by smaller businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Dominican Republic from Oregon (ORDOMA475SCEN), retrieved from FRED.