Number of Identified Exporters to Guinea-Bissau from Texas
TXGNBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/2016
Summary
The Number of Identified Exporters to Guinea-Bissau from Texas tracks the total number of businesses in Texas that export goods and services to Guinea-Bissau. This metric provides insight into the economic ties and trade relationships between Texas and West Africa.
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 count of unique Texas-based companies that have been identified as exporting to Guinea-Bissau. It is an indicator of the commercial activity and trade flows between the state of Texas and the small West African nation of Guinea-Bissau.
Methodology
The data is collected by the U.S. Census Bureau through surveys of American businesses.
Historical Context
Trends in exporter counts are closely monitored by policymakers and trade analysts to assess the health of international commerce.
Key Facts
- Texas is the second-largest exporting state in the U.S.
- Guinea-Bissau is a small West African nation with a population of around 1.9 million.
- Trade between Texas and Guinea-Bissau represents a small but potentially important economic relationship.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses located in Texas that have been identified as exporting goods or services to Guinea-Bissau.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of Texas exporters to Guinea-Bissau provides insight into the commercial ties and trade flows between the two regions, which is valuable information for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of American businesses.
Q: How is this trend used in economic policy?
A: Trends in exporter counts are closely monitored by policymakers and trade analysts to assess the health of international commerce and identify opportunities for economic development.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and limitations inherent in survey-based economic statistics.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Guinea-Bissau from Texas (TXGNBA475SCEN), retrieved from FRED.