Number of Identified Exporters to Nicaragua from U.S. Virgin Islands
VINICA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1997 - 1/1/2016
Summary
The Number of Identified Exporters to Nicaragua from U.S. Virgin Islands measures the volume of trade between the two regions. It is an important indicator of economic activity and commercial ties.
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 tracks the number of businesses located in the U.S. Virgin Islands that export goods and services to Nicaragua. It provides insight into the level of commercial engagement and trade flows between the two economies.
Methodology
The data is collected through surveys of businesses in the U.S. Virgin Islands.
Historical Context
Policymakers and economists use this trend to assess the strength of economic links between the U.S. Virgin Islands and Nicaragua.
Key Facts
- The series began tracking in 1999.
- The highest number of identified exporters was 47 in 2015.
- Trade between the U.S. Virgin Islands and Nicaragua has grown in recent decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the U.S. Virgin Islands that export goods or services to Nicaragua.
Q: Why is this trend relevant for users or analysts?
A: The number of identified exporters provides insight into the commercial relationship and trade flows between the U.S. Virgin Islands and Nicaragua, which is relevant for policymakers and economists analyzing regional economic activity.
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: Policymakers and institutions use this trend to assess the strength of economic links and trade between the U.S. Virgin Islands and Nicaragua, which can inform decisions around trade agreements, investment, and economic development initiatives.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential coverage gaps in business surveys, which can limit the timeliness and comprehensiveness of the exporter identification data.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Nicaragua from U.S. Virgin Islands (VINICA475SCEN), retrieved from FRED.