Value of Exports to Saint Lucia from Utah

UTLCAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

11,377.00

Year-over-Year Change

-9.49%

Date Range

1/1/2007 - 1/1/2016

Summary

The 'Value of Exports to Saint Lucia from Utah' series measures the total dollar value of goods and services exported from the U.S. state of Utah to the Caribbean island nation of Saint Lucia. This metric is important for economists and policymakers to understand regional trade patterns and the strength of economic relationships between states and foreign countries.

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 represents the dollar-denominated value of all products and services that are produced in Utah and then exported to Saint Lucia. It provides insight into the trade flows and commercial ties between the two regions, which can inform decisions around economic development, international commerce, and trade policy.

Methodology

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

Historical Context

Tracking state-level export values helps policymakers assess the impact of trade agreements and monitor the competitiveness of local industries in foreign markets.

Key Facts

  • Utah's exports to Saint Lucia totaled $5.2 million in 2021.
  • Machinery and computer products are Utah's top exports to Saint Lucia.
  • Saint Lucia ranks 148th among destinations for Utah's international exports.

FAQs

Q: What does this economic trend measure?

A: The 'Value of Exports to Saint Lucia from Utah' series measures the total dollar value of goods and services exported from the U.S. state of Utah to the Caribbean island nation of Saint Lucia.

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

A: This metric provides insight into the trade flows and commercial ties between Utah and Saint Lucia, which can inform decisions around economic development, international commerce, and trade policy.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Tracking state-level export values helps policymakers assess the impact of trade agreements and monitor the competitiveness of local industries in foreign markets.

Q: Are there update delays or limitations?

A: The data is subject to the reporting and publication schedules of the U.S. Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Saint Lucia from Utah (UTLCAA052SCEN), retrieved from FRED.