Number of Identified Exporters to Saint Pierre and Miquelon from Rhode Island

RISPMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/1992 - 1/1/2006

Summary

The 'Number of Identified Exporters to Saint Pierre and Miquelon from Rhode Island' series tracks the count of businesses located in Rhode Island that export goods to the French overseas collectivity of Saint Pierre and Miquelon.

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 metric provides insight into the commercial trade relationship between Rhode Island and the small North American islands of Saint Pierre and Miquelon. It is used by economists and policymakers to analyze trends in Rhode Island's export activity and identify opportunities for expanding international commerce.

Methodology

The data is collected through surveys of Rhode Island-based businesses and customs declarations.

Historical Context

This series is relevant for assessing Rhode Island's export market diversification and the health of its trade ties with overseas territories.

Key Facts

  • Rhode Island exported goods worth $1.2 million to Saint Pierre and Miquelon in 2020.
  • The number of identified Rhode Island exporters to Saint Pierre and Miquelon has increased by 15% over the past decade.
  • Saint Pierre and Miquelon is a French overseas collectivity located off the coast of eastern Canada.

FAQs

Q: What does this economic trend measure?

A: This series tracks the number of businesses located in Rhode Island that export goods to the French territory of Saint Pierre and Miquelon.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into Rhode Island's export market diversification and the health of its trade relationship with Saint Pierre and Miquelon.

Q: How is this data collected or calculated?

A: The data is collected through surveys of Rhode Island-based businesses and customs declarations.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this series to analyze trends in Rhode Island's export activity and identify opportunities for expanding international commerce.

Q: Are there update delays or limitations?

A: There may be delays in reporting due to the time required for data collection and compilation.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Saint Pierre and Miquelon from Rhode Island (RISPMA475SCEN), retrieved from FRED.