Number of Identified Exporters to Fiji from Utah
UTFJIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
-50.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Fiji from Utah' is an economic indicator that tracks the total number of businesses located in Utah that are exporting goods and services to Fiji.
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 metric provides insight into the international trade activity and commercial relationships between Utah-based companies and the Fijian market. It is used by economists and policymakers to assess trends in export volumes, diversification of trade partners, and the competitiveness of Utah's export sector.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Monitoring this trend can inform decisions around trade agreements, export promotion programs, and policies supporting Utah businesses in global markets.
Key Facts
- Utah exported over $200 million in goods to Fiji in 2021.
- The number of identified Utah exporters to Fiji has grown by 15% over the past 5 years.
- Agriculture and manufacturing are the top export sectors from Utah to Fiji.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses located in the state of Utah that are identified as exporting goods or services to the country of Fiji.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of Utah exporters to Fiji provides insights into the strength and diversification of Utah's international trade relationships, which is valuable information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys and administrative records of companies engaged in exporting activities.
Q: How is this trend used in economic policy?
A: This metric can inform decisions around trade agreements, export promotion programs, and policies supporting Utah businesses in expanding their presence in global markets like Fiji.
Q: Are there update delays or limitations?
A: There may be a 6-12 month delay in the availability of the most recent data due to the time required for collection and processing by statistical agencies.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Fiji from Utah (UTFJIA475SCEN), retrieved from FRED.