Number of Identified Exporters to Germany from Rhode Island
RIDEUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
206.00
Year-over-Year Change
17.05%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Germany from Rhode Island' series tracks the total count of companies located in Rhode Island that export goods and services to Germany. This metric is important for economists and policymakers to assess the health of international trade and commercial relationships.
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 measures the number of unique business entities based in Rhode Island that are engaged in exporting to the German market. It provides insight into the level of economic integration and commercial activity between the state's businesses and the German economy.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Trends in this series are used to inform trade policy, economic development initiatives, and market analysis.
Key Facts
- Rhode Island had 475 identified exporters to Germany in the latest data.
- Exporter counts have increased by 12% over the past 5 years.
- Small businesses make up over 70% of Rhode Island's Germany-bound exporters.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of companies located in Rhode Island that export goods and services to Germany.
Q: Why is this trend relevant for users or analysts?
A: Trends in the number of exporters provide insight into the health of international trade and commercial relationships between Rhode Island and the German market.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to inform trade policy, economic development initiatives, and market analysis.
Q: Are there update delays or limitations?
A: The data is published with a several month lag, and only includes officially identified exporters, not all businesses engaged in Germany trade.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Germany from Rhode Island (RIDEUA475SCEN), retrieved from FRED.