Value of Exports to Ireland from Utah

UTIRLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

37,741,519.00

Year-over-Year Change

170.56%

Date Range

1/1/1992 - 1/1/2017

Summary

This economic trend measures the value of exports from the U.S. state of Utah to Ireland. It provides insight into the trade relationship between Utah and one of its key international markets.

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 'Value of Exports to Ireland from Utah' metric tracks the total dollar value of goods and services exported from Utah to Ireland over time. This data helps economists and policymakers understand the strength of Utah's export-driven economy and its engagement with the global marketplace.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.

Historical Context

Monitoring trends in state-level exports is crucial for informing trade, economic development, and investment policies.

Key Facts

  • Utah's exports to Ireland totaled $178 million in 2021.
  • Ireland is Utah's 14th largest export market globally.
  • Computer and electronic products make up over 40% of Utah's exports to Ireland.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of goods and services exported from the U.S. state of Utah to Ireland over time.

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

A: Tracking state-level export activity provides important insights into the strength of Utah's export-driven economy and its engagement with key international markets like Ireland.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.

Q: How is this trend used in economic policy?

A: Monitoring trends in state-level exports is crucial for informing trade, economic development, and investment policies at the state and national levels.

Q: Are there update delays or limitations?

A: The data is published with a lag, typically several months after the end of each reference period.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Ireland from Utah (UTIRLA052SCEN), retrieved from FRED.