Value of Exports to Sweden from West Virginia
WVSWEA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,150,755.00
Year-over-Year Change
5.14%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Sweden from West Virginia' series measures the total dollar value of goods exported from West Virginia to Sweden. This metric is a key indicator of trade flows and economic activity 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 tracks the dollar value of exports originating from West Virginia to Sweden, providing insight into the strength of the commercial relationship between the two economies. It is used by economists, policymakers, and businesses to assess trade patterns and the overall health of international commerce.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
The 'Value of Exports to Sweden from West Virginia' series is relevant for analyzing the impact of trade policy, exchange rate fluctuations, and broader economic conditions on West Virginia's export activity.
Key Facts
- West Virginia exports to Sweden totaled $XX.XX million in the most recent year.
- Exports to Sweden account for X.X% of West Virginia's total international trade.
- The value of exports to Sweden has [increased/decreased] by X% over the past [time period].
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Sweden from West Virginia' series tracks the total dollar value of goods exported from the state of West Virginia to the country of Sweden.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the strength of the trade relationship between West Virginia and Sweden, which is important for assessing the economic impact of factors such as trade policy, exchange rates, and broader market conditions.
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: The 'Value of Exports to Sweden from West Virginia' series is used by economists, policymakers, and businesses to analyze the effects of trade policy, exchange rate fluctuations, and other economic factors on West Virginia's export activity.
Q: Are there update delays or limitations?
A: There may be some lag in the reporting of this data, as it is collected through a combination of business surveys and customs records. Users should consult the source for the most up-to-date information and any potential limitations.
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Citation
U.S. Federal Reserve, Value of Exports to Sweden from West Virginia (WVSWEA052SCEN), retrieved from FRED.