Number of Identified Exporters to Costa Rica from Wyoming
WYCRIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
33.33%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Costa Rica from Wyoming' tracks the count of businesses located in Wyoming that export goods to Costa Rica. This metric provides insights 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 economic trend measures the number of unique Wyoming-based companies that export their products or services to the Costa Rican market. It serves as an indicator of the trade activity and commercial ties between the state of Wyoming and the Central American country.
Methodology
The data is collected through surveys and administrative records to identify companies engaged in exporting from Wyoming to Costa Rica.
Historical Context
Policymakers and trade analysts use this trend to monitor the evolving commercial relationship and supply chain connections between Wyoming and Costa Rica.
Key Facts
- Wyoming is a major agricultural exporter to Costa Rica.
- The trend has grown steadily over the past decade.
- Small businesses account for a significant share of Wyoming's Costa Rica exports.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of businesses located in Wyoming that export goods or services to Costa Rica, providing insights into the trade relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for policymakers, trade analysts, and businesses to monitor the evolving commercial ties and supply chain connections between Wyoming and Costa Rica.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records to identify companies engaged in exporting from Wyoming to Costa Rica.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this trend to understand the dynamics of the commercial relationship and identify opportunities for strengthening economic ties between Wyoming and Costa Rica.
Q: Are there update delays or limitations?
A: The data is subject to update lags, and the identification of exporters may not capture all businesses engaged in trade between the two regions.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Costa Rica from Wyoming (WYCRIA475SCEN), retrieved from FRED.