Number of Identified Exporters to Singapore from Texas
TXSGPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,354.00
Year-over-Year Change
15.05%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Singapore from Texas measures the total number of businesses located in Texas that export goods to Singapore, a major trading partner for the state.
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 trend provides insights into the commercial relationships and trade flows between Texas and Singapore. It is an important economic indicator used by policymakers and businesses to understand the dynamics of international trade and plan growth strategies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Texas-based companies.
Historical Context
The trend is closely monitored by state economic development agencies and trade organizations to guide export promotion efforts.
Key Facts
- Texas is the leading U.S. state for exports to Singapore.
- The number of identified exporters has grown by over 50% in the past decade.
- Computer and electronic products are the top Texas exports to Singapore.
FAQs
Q: What does this economic trend measure?
A: The Number of Identified Exporters to Singapore from Texas measures the total number of businesses located in Texas that export goods to Singapore, a major trading partner for the state.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the commercial relationships and trade flows between Texas and Singapore, which is important for understanding the dynamics of international trade and planning growth strategies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Texas-based companies.
Q: How is this trend used in economic policy?
A: The trend is closely monitored by state economic development agencies and trade organizations to guide export promotion efforts and support businesses in expanding their international trade activities.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the survey-based methodology may not capture all exporters, particularly smaller businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Singapore from Texas (TXSGPA475SCEN), retrieved from FRED.