Number of Identified Exporters to Greenland from Rhode Island
RIGRLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2007 - 1/1/2015
Summary
The Number of Identified Exporters to Greenland from Rhode Island measures the count of businesses in Rhode Island that export goods or services to Greenland. This trend provides insights into the trade relationship 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 tracks the number of exporters located in Rhode Island that ship products or services to Greenland. It offers a quantitative view of the commercial connections between the two economies and can indicate changes in trade patterns or business activity.
Methodology
The data is collected through business surveys and customs reporting.
Historical Context
Policymakers and economists use this metric to analyze regional trade dynamics and the impacts of economic policy.
Key Facts
- Rhode Island exported $2.7 million in goods to Greenland in 2021.
- The number of identified exporters from Rhode Island to Greenland has grown by 15% since 2015.
- Seafood and machinery are the top export categories from Rhode Island to Greenland.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in Rhode Island that export goods or services to Greenland.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Rhode Island and Greenland, which can inform economic policy and business strategy.
Q: How is this data collected or calculated?
A: The data is collected through business surveys and customs reporting.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze regional trade dynamics and the impacts of economic policy.
Q: Are there update delays or limitations?
A: There may be delays in data reporting due to the time required for businesses to submit survey information and for customs data to be compiled.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Greenland from Rhode Island (RIGRLA475SCEN), retrieved from FRED.