Number of Identified Exporters to Switzerland from Utah
UTCHEA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.00
Year-over-Year Change
44.83%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Switzerland from Utah' metric tracks the total number of businesses based in Utah that export goods to Switzerland. This data provides insights into the trade relationship and economic connections between Utah and the Swiss market.
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 Utah-based companies that have been identified as exporting products or services to Switzerland. It is an important indicator of the commercial and trade activities between the state of Utah and the Swiss economy.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to monitor the health of Utah's export sector and its engagement with the Swiss market.
Key Facts
- Utah exported over $300 million in goods to Switzerland in 2021.
- The number of identified Utah exporters to Switzerland has grown by 12% over the past 5 years.
- Switzerland is Utah's 6th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of businesses based in Utah that have been identified as exporting goods or services to Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and economic connections between Utah and the Swiss market, which is important for policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the health of Utah's export sector and its engagement with the Swiss economy.
Q: Are there update delays or limitations?
A: The data may have a lag of several months due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Switzerland from Utah (UTCHEA475SCEN), retrieved from FRED.