Number of Identified Exporters to Russia from Utah

UTRUSA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

91.00

Year-over-Year Change

93.62%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Russia from Utah' tracks the count of businesses located in Utah that reported exporting goods or services to Russia. This metric provides insight into the economic ties between Utah and the Russian market.

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 measures the number of exporters from the state of Utah that sell products or services to Russian customers. The data is used by economists and policymakers to assess the trade relationship between Utah and Russia and understand how changes in bilateral economic conditions may impact local businesses.

Methodology

The data is collected through surveys of Utah-based companies by the U.S. Census Bureau.

Historical Context

Policymakers and market analysts monitor this trend to gauge the exposure of Utah's economy to developments in the Russian market.

Key Facts

  • Utah exported over $90 million in goods to Russia in 2021.
  • The number of identified Utah exporters to Russia peaked at 104 in 2017.
  • Machinery and computer/electronic products are Utah's top exports to Russia.

FAQs

Q: What does this economic trend measure?

A: This trend tracks the number of businesses located in Utah that reported exporting goods or services to Russia.

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

A: The data provides insight into the economic ties between Utah and the Russian market, which is useful for policymakers and market analysts.

Q: How is this data collected or calculated?

A: The data is collected through surveys of Utah-based companies by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and analysts monitor this trend to gauge Utah's economic exposure to developments in the Russian market.

Q: Are there update delays or limitations?

A: The data may be subject to survey response rates and publication lags.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Russia from Utah (UTRUSA475SCEN), retrieved from FRED.