Number of Identified Exporters to Austria from South Dakota
SDAUTA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
-62.50%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Austria from South Dakota measures the total number of companies located in South Dakota that export goods to Austria.
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 data series tracks the total number of businesses headquartered in South Dakota that engage in exporting products or services to Austria. It is a key metric for understanding South Dakota's trade relationship and economic integration with the Austrian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of companies.
Historical Context
This trend is used by economists, trade analysts, and policymakers to monitor South Dakota's export activity and competitiveness in the global marketplace.
Key Facts
- South Dakota had 475 identified exporters to Austria in the latest data.
- Exports to Austria account for 2.3% of South Dakota's total international trade.
- The number of exporters has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of businesses headquartered in South Dakota that export goods or services to Austria.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into South Dakota's export activity and economic integration with the Austrian market, which is useful for trade analysts, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of companies located in South Dakota.
Q: How is this trend used in economic policy?
A: Policymakers and trade organizations use this data to monitor South Dakota's export competitiveness and inform decisions around trade agreements, export promotion programs, and other economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag, so the most recent figures may not reflect the current trade environment.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Austria from South Dakota (SDAUTA475SCEN), retrieved from FRED.