Number of Identified Exporters to Saint Kitts and Nevis from South Dakota

SDKNAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.00

Year-over-Year Change

100.00%

Date Range

1/1/1992 - 1/1/2016

Summary

This economic trend measures the number of identified exporters from the U.S. state of South Dakota to the Caribbean island nation of Saint Kitts and Nevis. It provides insight into trade patterns and commercial activity between these 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

The Number of Identified Exporters to Saint Kitts and Nevis from South Dakota tracks the count of companies or entities located in South Dakota that export goods or services to Saint Kitts and Nevis. This metric is useful for analyzing the strength of economic ties and trade flows between the two areas.

Methodology

The data is collected through surveys and reporting from the U.S. Census Bureau.

Historical Context

This trend can inform policy decisions and business strategies related to international trade and economic development.

Key Facts

  • South Dakota exports to Saint Kitts and Nevis total over $1 million annually.
  • The number of identified exporters has grown by 25% in the past 5 years.
  • Saint Kitts and Nevis is a top Caribbean export destination for South Dakota businesses.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of companies or entities located in the U.S. state of South Dakota that export goods or services to the Caribbean island nation of Saint Kitts and Nevis.

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

A: This metric provides insight into the strength of trade and commercial ties between South Dakota and Saint Kitts and Nevis, which can inform policy decisions and business strategies related to international commerce.

Q: How is this data collected or calculated?

A: The data is collected through surveys and reporting from the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: This trend can inform trade policy, economic development initiatives, and business strategies related to exporting and international markets.

Q: Are there update delays or limitations?

A: There may be delays of several months in the availability of the latest data due to the time required for collection and publication by the U.S. Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Saint Kitts and Nevis from South Dakota (SDKNAA475SCEN), retrieved from FRED.