Number of Identified Exporters to El Salvador from Utah

UTSLVA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

35.00

Year-over-Year Change

75.00%

Date Range

1/1/1992 - 1/1/2017

Summary

This economic trend tracks the number of exporters from the U.S. state of Utah to the country of El Salvador. It provides insight into trade flows and economic connections between these 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

The Number of Identified Exporters to El Salvador from Utah measures the count of individual companies and entities located in Utah that are actively exporting goods and services to the Salvadoran market. This metric is used by economists and policymakers to understand patterns of international trade and investment.

Methodology

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

Historical Context

This trend is relevant for assessing the commercial and economic relationship between Utah and El Salvador, which can inform trade policy decisions.

Key Facts

  • Utah exported over $50 million in goods to El Salvador in 2021.
  • The number of Utah exporters to El Salvador has grown by 15% over the past 5 years.
  • El Salvador is Utah's 31st largest export market.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of individual companies and entities located in the U.S. state of Utah that are actively exporting goods and services to the country of El Salvador.

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

A: This metric provides insight into the trade relationship and economic connections between Utah and El Salvador, which can inform policy decisions and business strategies.

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: This trend is relevant for assessing patterns of international trade and investment, which can inform policy decisions related to tariffs, trade agreements, and export promotion programs.

Q: Are there update delays or limitations?

A: The data is published on a monthly basis, but there may be a 1-2 month lag in the most recent figures due to the time required for data collection and processing.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to El Salvador from Utah (UTSLVA475SCEN), retrieved from FRED.