Number of Identified Exporters to Senegal from Texas

TXSENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

137.00

Year-over-Year Change

158.49%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Senegal from Texas' series tracks the count of companies located in Texas that export goods to Senegal. This metric provides insight into trade dynamics and commercial relationships between the U.S. state of Texas and the West African nation of Senegal.

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 data series, published by the U.S. Census Bureau, measures the number of unique Texas-based businesses that have reported exporting products or services to Senegal. It offers a quantitative view of the commercial export activity between the two regions and can be used to analyze trends in bilateral trade.

Methodology

The data is collected through mandatory exporter reporting requirements and Census Bureau surveys.

Historical Context

Policymakers and economists analyze this series to understand the flow of goods and services between the U.S. and specific international markets.

Key Facts

  • Texas is the second-largest exporting state in the U.S.
  • Senegal is an emerging West African economy with growing trade ties to the U.S.
  • Exporter counts can indicate the breadth of commercial relationships between regions

FAQs

Q: What does this economic trend measure?

A: This series tracks the number of companies located in the U.S. state of Texas that have reported exporting goods or services to the country of Senegal.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the commercial trade relationship between Texas and Senegal, which can be useful for policymakers, economists, and businesses analyzing bilateral export activity.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through mandatory exporter reporting requirements and survey responses.

Q: How is this trend used in economic policy?

A: Governments, trade organizations, and economists may use this series to monitor and evaluate the state of commercial ties between Texas and international markets like Senegal.

Q: Are there update delays or limitations?

A: There may be lags in reporting and publication of this data series due to the time required for companies to file export information and for the Census Bureau to compile the statistics.

Related Trends

Citation

U.S. Census Bureau, Number of Identified Exporters to Senegal from Texas (TXSENA475SCEN), retrieved from FRED.