Number of Identified Exporters to Djibouti from South Dakota
SDDJIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2008 - 1/1/2013
Summary
The 'Number of Identified Exporters to Djibouti from South Dakota' trend measures the total number of businesses located in South Dakota that export goods and services to the East African country of Djibouti. This metric provides insight into the economic ties and trade relationships between these 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 count of unique exporters from South Dakota to Djibouti over time. It serves as an indicator of the level of economic activity and engagement between the two regions. Economists and policymakers use this data to assess the dynamics of international trade and identify opportunities for growth.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and administrative records.
Historical Context
This trend is relevant for understanding South Dakota's export market and its overall economic performance.
Key Facts
- South Dakota is the 46th largest state by population.
- Djibouti is a small country in the Horn of Africa.
- Exports are a key driver of economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses located in South Dakota that export goods and services to Djibouti.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the economic ties and trade relationships between South Dakota and Djibouti, which is useful for understanding regional economic dynamics and opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess international trade patterns and identify opportunities to promote economic growth and development.
Q: Are there update delays or limitations?
A: The data may be subject to collection and reporting delays, and may not capture all exporting activity due to limitations in survey coverage.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Djibouti from South Dakota (SDDJIA475SCEN), retrieved from FRED.