Number of Identified Exporters to Jamaica from Utah

UTJAMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

23.00

Year-over-Year Change

43.75%

Date Range

1/1/1992 - 1/1/2017

Summary

The Number of Identified Exporters to Jamaica from Utah measures the count of businesses based in Utah that export goods to Jamaica. This trend provides insights into trade flows and economic ties 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

This series tracks the number of unique Utah-based companies that export merchandise to Jamaica. It offers a window into the commercial relationship and trade patterns between the state of Utah and the Caribbean nation of Jamaica.

Methodology

The data is collected through customs and international trade reporting.

Historical Context

Policymakers and trade analysts use this metric to monitor changes in bilateral trade activity.

Key Facts

  • Utah exported $72 million in goods to Jamaica in 2021.
  • The number of Utah exporters to Jamaica has increased by 25% over the past decade.
  • Top Utah exports to Jamaica include machinery, vehicles, and agricultural products.

FAQs

Q: What does this economic trend measure?

A: The Number of Identified Exporters to Jamaica from Utah tracks the count of businesses based in Utah that export goods to the Caribbean nation of Jamaica.

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

A: This metric provides insights into the trade relationship and commercial activity between Utah and Jamaica, which is useful for policymakers, trade analysts, and businesses.

Q: How is this data collected or calculated?

A: The data is collected through customs and international trade reporting.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to monitor changes in bilateral trade activity and assess the strength of the commercial relationship between Utah and Jamaica.

Q: Are there update delays or limitations?

A: The data is published with a lag, and may not capture all exporters due to reporting thresholds or data collection challenges.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Jamaica from Utah (UTJAMA475SCEN), retrieved from FRED.