Value of Exports to Czech Republic from Washington
WACZEA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33,785,373.00
Year-over-Year Change
250.44%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Czech Republic from Washington' trend measures the dollar value of goods and services exported from the U.S. state of Washington to the Czech Republic. This provides insight into the trade relationship 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
This series represents the monetary value of all products and services shipped from Washington to the Czech Republic. It is an important indicator of the strength of the state's exporting activity and its economic ties with the Czech market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and economists monitor this trend to assess the health of Washington's export economy and its commercial relationships abroad.
Key Facts
- Washington is one of the top exporting states in the U.S.
- The Czech Republic is an important trading partner for many U.S. states.
- Exports are a key driver of economic growth and job creation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods and services exported from the U.S. state of Washington to the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the trade relationship between Washington and the Czech Republic, which is important for understanding the state's export economy and commercial ties abroad.
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: Policymakers and economists monitor this trend to assess the health of Washington's export economy and its commercial relationships abroad.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in capturing all export activity, but the series provides a reliable indicator of Washington's trade with the Czech Republic.
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Citation
U.S. Federal Reserve, Value of Exports to Czech Republic from Washington (WACZEA052SCEN), retrieved from FRED.