Number of Identified Exporters to Colombia from Texas
TXCOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,537.00
Year-over-Year Change
53.85%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Colombia from Texas' series tracks the count of unique firms based in Texas that export goods to Colombia. This metric provides insight into the level of trade activity and economic ties 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 measures the number of distinct Texas-based companies that export products to the Colombian market. It serves as an indicator of the scale and diversity of trade relationships between the state of Texas and the South American country.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.
Historical Context
Policymakers and economists monitor this trend to assess the strength of commercial ties between Texas and Colombia.
Key Facts
- Texas is the largest exporting state in the U.S.
- Colombia is a major trading partner for the United States.
- Exporters in the manufacturing sector account for the majority of the total.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of distinct companies based in Texas that export goods to the Colombian market.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and diversity of trade relationships between Texas and Colombia, which is a key indicator of economic ties between the two regions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the strength of commercial ties between Texas and Colombia, which informs trade and economic development policies.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be lags in reporting due to the survey-based methodology.
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Number of Identified Exporters to Colombia from South Dakota
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Colombia from Texas (TXCOLA475SCEN), retrieved from FRED.