Number of Identified Exporters to Bermuda from Wyoming

WYBMUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/1997 - 1/1/2014

Summary

The 'Number of Identified Exporters to Bermuda from Wyoming' trend measures the number of companies in Wyoming that export goods and services to Bermuda. This metric provides insight into the economic 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 data series tracks the total count of Wyoming-based businesses that have reported exporting to Bermuda. It offers a quantitative view of the commercial ties and trade flows between the state and this international market.

Methodology

The data is collected through mandatory business surveys conducted by the U.S. Census Bureau.

Historical Context

Policymakers and trade analysts use this metric to monitor Wyoming's export performance and commercial integration with Bermuda.

Key Facts

  • Wyoming exported $X.XX million to Bermuda in the latest year.
  • Bermuda is Wyoming's Xth largest export market.
  • The number of Wyoming exporters to Bermuda has increased/decreased by X% over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of companies located in Wyoming that have reported exporting goods or services to Bermuda.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the commercial relationship between Wyoming and Bermuda, which is useful for policymakers, trade analysts, and businesses seeking to understand regional export dynamics.

Q: How is this data collected or calculated?

A: The data is collected through mandatory business surveys conducted by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Governments and trade associations use this metric to monitor state-level export performance and identify opportunities to support Wyoming businesses accessing the Bermuda market.

Q: Are there update delays or limitations?

A: There may be a 6-12 month delay in publishing the latest data due to survey collection and processing timelines. The data also only captures formal exporting activity and may not reflect all small or informal trade relationships.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Bermuda from Wyoming (WYBMUA475SCEN), retrieved from FRED.