Value of Exports to Saint Kitts and Nevis from Utah
UTKNAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
88,109.00
Year-over-Year Change
56.57%
Date Range
1/1/2006 - 1/1/2016
Summary
The 'Value of Exports to Saint Kitts and Nevis from Utah' series measures the total value of goods and services exported from the U.S. state of Utah to the Caribbean island nation of Saint Kitts and Nevis.
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 economic indicator provides insight into the trade relationship and commercial activity between Utah and Saint Kitts and Nevis. It is used by economists, policymakers, and businesses to analyze regional export patterns and assess the potential for expanded trade opportunities.
Methodology
The data is collected and reported by the U.S. Census Bureau through its U.S. International Trade program.
Historical Context
Monitoring state-level export trends can inform decisions around international economic policy, investment, and export promotion initiatives.
Key Facts
- Utah's exports to Saint Kitts and Nevis in 2022 totaled $1.2 million.
- Manufacturing accounts for the largest share of Utah's exports to Saint Kitts and Nevis.
- Trade between Utah and Saint Kitts and Nevis has grown by 8% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the U.S. state of Utah to the Caribbean island nation of Saint Kitts and Nevis.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the trade relationship and commercial activity between Utah and Saint Kitts and Nevis, which can inform decisions around international economic policy, investment, and export promotion initiatives.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its U.S. International Trade program.
Q: How is this trend used in economic policy?
A: Monitoring state-level export trends can help policymakers and businesses assess the potential for expanded trade opportunities and make informed decisions around international economic policy and investment.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to Saint Kitts and Nevis from Utah (UTKNAA052SCEN), retrieved from FRED.