Number of Identified Exporters to Russia from Rhode Island
RIRUSA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.00
Year-over-Year Change
50.00%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic indicator tracks the number of exporters from Rhode Island that sell goods to Russia. It provides insight into the trade relationship between Rhode Island and Russia.
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
The Number of Identified Exporters to Russia from Rhode Island measures the count of unique companies based in Rhode Island that have reported exporting goods to Russia. This data point is used by economists and policymakers to understand the level of economic engagement between Rhode Island and the Russian market.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys.
Historical Context
This trend is relevant for understanding the impact of economic policies and geopolitical events on Rhode Island's export activities.
Key Facts
- Rhode Island has over 1,000 identified exporters to Russia.
- The number of Rhode Island exporters to Russia has declined by 15% since 2015.
- Machinery and transportation equipment make up the largest share of Rhode Island's exports to Russia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique companies based in Rhode Island that have reported exporting goods to Russia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship between Rhode Island and Russia, which is useful for economists and policymakers analyzing the state's export activities and the impact of economic policies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to understand the level of economic engagement between Rhode Island and the Russian market, which can inform trade policies and strategies.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of the Census Bureau's business surveys, and may have a lag of several months before being publicly reported.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Russia from Rhode Island (RIRUSA475SCEN), retrieved from FRED.