Value of Exports to Bermuda from South Carolina
SCBMUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,641,216.00
Year-over-Year Change
-10.84%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of South Carolina to the island nation of Bermuda. It provides insights into trade dynamics between the two economies.
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 'Value of Exports to Bermuda from South Carolina' series tracks the monetary value of goods and services exported from South Carolina to Bermuda. This data point is useful for analyzing South Carolina's trade relationships and economic connections with international markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and economists monitor this trend to understand South Carolina's export-driven economic activity.
Key Facts
- South Carolina is a major exporting state in the U.S.
- Bermuda is a small island nation in the Atlantic Ocean.
- Exports to Bermuda account for a small but significant portion of South Carolina's international trade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monetary value of goods and services exported from the U.S. state of South Carolina to the island nation of Bermuda.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into South Carolina's trade relationships and economic connections with international markets, which is useful for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to understand South Carolina's export-driven economic activity and trade dynamics.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Bermuda from South Carolina (SCBMUA052SCEN), retrieved from FRED.