Value of Exports to Switzerland from Rhode Island
RICHEA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,242,917.00
Year-over-Year Change
-33.54%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Switzerland from Rhode Island measures the total dollar value of goods and services exported from Rhode Island to Switzerland. This metric is important for economists and policymakers to assess trade relationships and economic activity.
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 series tracks the exports from Rhode Island to Switzerland, providing insight into the state's international trade patterns and broader economic performance. It is used by analysts to evaluate trading dynamics, competitiveness, and the impact of policy changes.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This export value trend is closely monitored by trade organizations, economists, and government agencies to inform economic policy decisions.
Key Facts
- Rhode Island's top exports to Switzerland include industrial machinery, chemicals, and plastics.
- Switzerland is one of Rhode Island's largest trading partners in Europe.
- Export values have fluctuated due to changes in exchange rates and trade policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the state of Rhode Island to Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This export value metric provides important insights into Rhode Island's trade relationship with Switzerland, which is a key economic partner for the state.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This export value trend is closely monitored by trade organizations, economists, and government agencies to inform economic policy decisions related to international trade.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting and potential limitations in capturing all export activities, but this remains a valuable indicator of Rhode Island's trade with Switzerland.
Related Trends
Average Weekly Earnings of All Employees: Private Service Providing in Rhode Island
SMU44000000800000011
Transportation Carbon Dioxide Emissions, Aviation Gasoline for Rhode Island
EMISSCO2VAVACBRIA
Per Capita Personal Consumption Expenditures: Goods for Rhode Island
RIPCEPCG
All Employees: Education and Health Services in Rhode Island
SMU44000006500000001A
Mining Earnings in Rhode Island
RIEMIN
All Employees: Manufacturing: Non-Durable Goods: Chemical Manufacturing in Rhode Island
SMU44000003232500001SA
Citation
U.S. Federal Reserve, Value of Exports to Switzerland from Rhode Island (RICHEA052SCEN), retrieved from FRED.