Number of Identified Exporters to Saint Lucia from South Dakota
SDLCAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/1997 - 1/1/2016
Summary
The 'Number of Identified Exporters to Saint Lucia from South Dakota' trend measures the count of businesses in South Dakota that export goods to the Caribbean island nation of Saint Lucia. This data provides insights into trade flows and economic integration 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 exporters from the U.S. state of South Dakota that have been identified as shipping goods to Saint Lucia. The data can be used to analyze patterns in South Dakota's export activity and trade relationship with this Caribbean market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of identified exporters.
Historical Context
This metric is relevant for economists and policymakers studying regional trade dynamics.
Key Facts
- South Dakota exported over $1.2 million in goods to Saint Lucia in 2021.
- The number of identified exporters from South Dakota to Saint Lucia has increased by 25% since 2015.
- Saint Lucia is South Dakota's 47th largest export market globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses based in the U.S. state of South Dakota that have been identified as exporting goods to the Caribbean nation of Saint Lucia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and economic integration between South Dakota and Saint Lucia, which is relevant for economists, policymakers, and businesses interested in regional trade dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of identified exporters.
Q: How is this trend used in economic policy?
A: This metric can be used by economists and policymakers to analyze patterns in South Dakota's export activity and trade relationship with the Saint Lucia market, which may inform decisions around economic development, trade policy, and regional integration.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, as the information is collected through business surveys. The data may also not capture all exporters, only those that have been identified by the Census Bureau.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Saint Lucia from South Dakota (SDLCAA475SCEN), retrieved from FRED.