Number of Identified Exporters to Russia from Texas
TXRUSA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
672.00
Year-over-Year Change
34.40%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Russia from Texas' series tracks the count of businesses in Texas that export goods to Russia. This metric provides insight into the trade relationship between Texas and Russia.
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 represents the number of distinct Texas-based companies that have reported exporting products to Russia. It is an important indicator of the commercial ties and economic integration between the state of Texas and the Russian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of export transactions.
Historical Context
This trend is closely monitored by policymakers and trade analysts to assess the impact of geopolitical events and economic sanctions on Texas exporters.
Key Facts
- Texas is a major exporter to Russia.
- The number of Texas exporters to Russia has declined in recent years.
- Exporters are closely monitored for compliance with sanctions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of distinct businesses located in Texas that have reported exporting goods to Russia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Texas and Russia, which is important for understanding the economic and geopolitical implications of policies and events affecting this commercial activity.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of export transactions.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts closely monitor this trend to assess the impact of geopolitical events and economic sanctions on Texas exporters.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags and may not capture all exporting activity due to the survey-based collection methodology.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Russia from Texas (TXRUSA475SCEN), retrieved from FRED.