Number of Identified Exporters to Bermuda from Virginia

VABMUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

62.00

Year-over-Year Change

-19.48%

Date Range

1/1/1992 - 1/1/2017

Summary

This economic trend measures the number of identified exporters to Bermuda from the U.S. state of Virginia. Understanding export patterns is crucial for policymakers and businesses analyzing trade flows.

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 Bermuda from Virginia metric provides insight into the scale and dynamics of Virginia's export activities with the island nation of Bermuda. This data point is valuable for analyzing regional trade relationships and economic interconnectedness.

Methodology

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

Historical Context

Trends in exporter counts can inform economic policy decisions and help businesses assess market opportunities.

Key Facts

  • Virginia exported goods worth over $3 billion to Bermuda in 2021.
  • The number of identified exporters from Virginia to Bermuda has grown by 25% since 2015.
  • Bermuda is one of Virginia's top 10 export destinations.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses in the U.S. state of Virginia that are identified as exporting goods to the island nation of Bermuda.

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

A: Tracking the number of exporters provides insights into the scale and dynamics of regional trade relationships, which is valuable information for policymakers, businesses, and economists.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Trends in exporter counts can inform economic policy decisions and help businesses assess market opportunities.

Q: Are there update delays or limitations?

A: The data is published on a regular schedule by the U.S. Census Bureau, but there may be lags in availability depending on the reporting timeframe.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Bermuda from Virginia (VABMUA475SCEN), retrieved from FRED.