Number of Identified Exporters to Dominican Republic from South Carolina
SCDOMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
255.00
Year-over-Year Change
62.42%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Dominican Republic from South Carolina' trend measures the count of businesses located in South Carolina that export goods to the Dominican Republic. This metric provides insight 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 unique South Carolina-based companies that have reported exporting products to the Dominican Republic. It offers a gauge of the export activity and economic ties between the two areas.
Methodology
The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this trend to monitor the strength of export markets and inform decisions around economic development.
Key Facts
- South Carolina is one of the top exporting states to the Dominican Republic.
- Exports to the Dominican Republic support thousands of jobs in South Carolina.
- The number of identified exporters has grown by over 20% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in South Carolina that have reported exporting goods to the Dominican Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between South Carolina and the Dominican Republic, which is important for understanding regional economic dynamics and export market opportunities.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this trend to monitor the strength of export markets and inform decisions around economic development strategies.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data due to the survey collection process.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Dominican Republic from South Carolina (SCDOMA475SCEN), retrieved from FRED.