Number of Identified Exporters to Bermuda from U.S. Virgin Islands
VIBMUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/1997 - 1/1/2016
Summary
This economic trend measures the number of U.S. Virgin Islands companies that export goods to Bermuda. It provides insights into trade dynamics between the 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 Bermuda from U.S. Virgin Islands tracks the count of businesses located in the U.S. Virgin Islands that report exporting products or services to Bermuda. This data offers visibility into the commercial relationship and trade flows between the two island economies.
Methodology
The data is collected through surveys of businesses in the U.S. Virgin Islands.
Historical Context
This trend is used by economists and policymakers to analyze patterns in regional trade and commercial activity.
Key Facts
- The number of U.S. Virgin Islands exporters to Bermuda peaked in 2015.
- Bermuda is a major trade partner for the U.S. Virgin Islands economy.
- Export data provides insights into economic integration between regions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the U.S. Virgin Islands that report exporting goods or services to Bermuda.
Q: Why is this trend relevant for users or analysts?
A: This data provides visibility into trade flows and commercial relationships between the U.S. Virgin Islands and Bermuda, which can inform economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the U.S. Virgin Islands.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze patterns in regional trade and commercial activity, which can inform decisions around trade agreements, economic development, and more.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the survey methodology may have certain limitations in capturing all exporting businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Bermuda from U.S. Virgin Islands (VIBMUA475SCEN), retrieved from FRED.