Number of Identified Exporters to Ireland from Rhode Island
RIIRLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.00
Year-over-Year Change
-23.81%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Ireland from Rhode Island measures the number of businesses based in Rhode Island that export goods to Ireland.
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 economic trend tracks the count of unique exporters from Rhode Island to the Irish market over time. It provides insight into the scale and activity of Rhode Island's trade relationship with Ireland.
Methodology
The data is collected by the U.S. Census Bureau through business surveys.
Historical Context
This metric is used by policymakers and trade analysts to monitor the health of Rhode Island's export economy.
Key Facts
- Rhode Island exported over $130 million in goods to Ireland in 2021.
- The number of identified exporters from Rhode Island to Ireland grew 7% from 2019 to 2021.
- Ireland is Rhode Island's 6th largest export destination.
FAQs
Q: What does this economic trend measure?
A: The Number of Identified Exporters to Ireland from Rhode Island tracks the count of unique businesses based in Rhode Island that export goods to the Irish market.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and activity of Rhode Island's trade relationship with Ireland, a key export market for the state.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through business surveys.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the health of Rhode Island's export economy and inform decisions around trade policy and business support programs.
Q: Are there update delays or limitations?
A: The data is published with a few months' delay and may not capture all exporters, especially smaller businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Ireland from Rhode Island (RIIRLA475SCEN), retrieved from FRED.