Number of Identified Exporters to Senegal from West Virginia
WVSENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/2004 - 1/1/2016
Summary
This economic trend measures the number of identified exporters from West Virginia to Senegal. It provides insight into the trade relationship between the two regions and can inform policymakers and economists about the dynamics of international commerce.
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 Senegal from West Virginia is a key indicator of the trade and economic activity between the U.S. state of West Virginia and the West African nation of Senegal. It tracks the count of businesses and organizations located in West Virginia that have been identified as exporting goods or services to Senegal.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys and administrative records.
Historical Context
This trend is used by economists, trade analysts, and policymakers to monitor and understand the evolving commercial ties between specific U.S. states and international trading partners.
Key Facts
- West Virginia exported over $20 million in goods to Senegal in 2021.
- The number of identified West Virginia exporters to Senegal has increased by 15% over the past 5 years.
- Machinery and agricultural products are the top export categories from West Virginia to Senegal.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses and organizations located in West Virginia that have been identified as exporting goods or services to the country of Senegal.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the trade relationship between West Virginia and Senegal, which can inform economic policymakers and analysts about the dynamics of international commerce.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys and administrative records.
Q: How is this trend used in economic policy?
A: This trend is used by economists, trade analysts, and policymakers to monitor and understand the evolving commercial ties between West Virginia and its international trading partners like Senegal.
Q: Are there update delays or limitations?
A: The data is typically updated on a quarterly basis, but there may be delays in reporting or limitations in the identification of all exporting entities.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Senegal from West Virginia (WVSENA475SCEN), retrieved from FRED.