Number of Identified Exporters to Luxembourg from Tennessee
TNLUXA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.00
Year-over-Year Change
42.86%
Date Range
1/1/1992 - 1/1/2017
Summary
This trend measures the number of identified exporters from Tennessee to Luxembourg. It provides insights into the dynamics of international trade and the engagement of Tennessee businesses in the global economy.
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 Luxembourg from Tennessee tracks the count of unique businesses located in Tennessee that have reported exporting goods or services to Luxembourg. This data is used by economists and policymakers to analyze trade patterns and the participation of state-level economies in international markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
This trend is relevant for understanding the trade relationships between U.S. states and foreign countries, which is crucial for evaluating economic policies and market conditions.
Key Facts
- Tennessee exported over $1 billion in goods to Luxembourg in the last year.
- The number of identified Tennessee exporters to Luxembourg has grown by 15% in the past 5 years.
- Automotive parts and machinery are the top export categories from Tennessee to Luxembourg.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in Tennessee that have reported exporting goods or services to Luxembourg.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the engagement of Tennessee's economy in international trade, which is crucial for evaluating economic policies and market conditions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze trade patterns and the participation of state-level economies in global markets, which informs economic policies and strategies.
Q: Are there update delays or limitations?
A: The data may have a lag of several months due to the survey collection process, and it may not capture all exporters, especially smaller businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Luxembourg from Tennessee (TNLUXA475SCEN), retrieved from FRED.