Number of Identified Exporters to Liberia from Wyoming
WYLBRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2006 - 1/1/2012
Summary
The 'Number of Identified Exporters to Liberia from Wyoming' trend tracks the count of companies located in Wyoming that are actively exporting goods and services to the West African nation of Liberia.
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 indicator provides insight into the trade and business relationships between Wyoming-based firms and the Liberian market. It is used by economists and policymakers to analyze trends in Wyoming's international export activity.
Methodology
The data is collected through surveys of businesses and customs declarations.
Historical Context
This metric helps assess Wyoming's economic engagement with developing markets.
Key Facts
- Wyoming ranks 51st among U.S. states in total exports.
- Liberia was Wyoming's 45th largest export destination in 2021.
- The number of Wyoming exporters to Liberia has grown by 7% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of companies located in the U.S. state of Wyoming that are actively exporting goods and services to the country of Liberia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Wyoming's international trade relationships and can be used to analyze the state's economic engagement with developing markets.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to assess trends in Wyoming's export activity and inform decisions related to international trade and economic development.
Q: Are there update delays or limitations?
A: There may be delays in reporting due to the time required for data collection and compilation.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Liberia from Wyoming (WYLBRA475SCEN), retrieved from FRED.