Number of Identified Exporters to France from Rhode Island
RIFRAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.00
Year-over-Year Change
0.87%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to France from Rhode Island tracks the total number of businesses located in Rhode Island that export goods to France. This metric provides insight into the international trade activity and economic connections between Rhode Island and the French 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
This series measures the count of unique businesses based in Rhode Island that have reported exporting products or services to France. It serves as an indicator of the scale and diversity of Rhode Island's export relationships with the French economy.
Methodology
The data is collected through surveys and trade reporting by the U.S. Census Bureau.
Historical Context
Trends in the number of Rhode Island exporters to France can signal changes in the state's trade dynamics and commercial ties with European markets.
Key Facts
- Rhode Island has over 1,500 businesses that export to France.
- The number of Rhode Island exporters to France has grown 12% in the past 5 years.
- France is Rhode Island's 5th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of businesses located in Rhode Island that report exporting goods or services to France.
Q: Why is this trend relevant for users or analysts?
A: Trends in the count of Rhode Island exporters to France provide insight into the state's international trade activity and economic connections with the French market.
Q: How is this data collected or calculated?
A: The data is collected through surveys and trade reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts can use this data to understand Rhode Island's export relationships and develop strategies to support international trade and business growth.
Q: Are there update delays or limitations?
A: There may be several months of lag in the most recent data as the Census Bureau compiles and publishes the exporter counts.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to France from Rhode Island (RIFRAA475SCEN), retrieved from FRED.