Number of Identified Exporters to Ecuador from Utah

UTECUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

56.00

Year-over-Year Change

93.10%

Date Range

1/1/1992 - 1/1/2017

Summary

This economic indicator tracks the number of exporters based in Utah that sell goods and services to Ecuador. It provides insight into trade flows and commercial relationships between the two regions.

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

The Number of Identified Exporters to Ecuador from Utah is a data series that measures the total count of unique businesses located in Utah that have reported exporting to Ecuador. This metric offers economists and policymakers visibility into the level of economic activity and commercial engagement between the two markets.

Methodology

The data is collected by the U.S. Census Bureau through mandatory business surveys.

Historical Context

This export activity data can inform trade policy discussions and commercial investment decisions.

Key Facts

  • Utah exported over $84 million in goods to Ecuador in 2021.
  • The number of identified Utah exporters to Ecuador has grown by 12% since 2015.
  • Top Utah export categories to Ecuador include machinery, electronics, and agricultural products.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the total number of unique businesses located in Utah that have reported exporting goods or services to Ecuador.

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

A: This data provides insights into the commercial relationships and trade flows between Utah and Ecuador, which can inform economic and trade policy decisions.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through mandatory business surveys.

Q: How is this trend used in economic policy?

A: This export activity data can inform trade policy discussions and commercial investment decisions between Utah and Ecuador.

Q: Are there update delays or limitations?

A: The data is subject to the release schedule and methodological changes of the U.S. Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Ecuador from Utah (UTECUA475SCEN), retrieved from FRED.