Number of Identified Exporters to Fiji from Rhode Island
RIFJIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
0.00%
Date Range
1/1/1997 - 1/1/2016
Summary
The 'Number of Identified Exporters to Fiji from Rhode Island' trend tracks the count of unique Rhode Island-based companies that exported goods to Fiji. This metric provides insight into the level of trade activity between the two regions.
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 distinct Rhode Island exporters that ship goods to Fiji in a given time period. It serves as an indicator of the strength and breadth of the economic relationship between the two locations.
Methodology
The data is collected through surveys and customs records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to monitor Rhode Island's export performance and commercial ties with Fiji.
Key Facts
- Rhode Island exported over $2.5 million in goods to Fiji in 2021.
- The number of identified Rhode Island exporters to Fiji has increased by 15% since 2015.
- Machinery and transportation equipment are the top Rhode Island exports to Fiji.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of unique companies based in Rhode Island that exported goods to Fiji in a given time period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of the economic relationship and trade flows between Rhode Island and Fiji.
Q: How is this data collected or calculated?
A: The data is collected through business surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor Rhode Island's export performance and commercial ties with Fiji.
Q: Are there update delays or limitations?
A: The data may have a 6-12 month reporting lag, and only captures identified exporters, not all trading activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Fiji from Rhode Island (RIFJIA475SCEN), retrieved from FRED.