Number of Identified Exporters to Singapore from Wyoming
WYSGPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.00
Year-over-Year Change
5.88%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Singapore from Wyoming' measures the count of businesses based in Wyoming that export goods to Singapore. This metric provides insights into international trade patterns and the state's export economy.
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 number of unique exporters located in Wyoming who sell goods and services to buyers in Singapore. The data offers a window into the scale and composition of Wyoming's export activity, which is a key driver of economic growth and development.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and international trade records.
Historical Context
Policymakers and economic analysts use this metric to evaluate Wyoming's export competitiveness and the effectiveness of trade promotion initiatives.
Key Facts
- Wyoming exported over $200 million in goods to Singapore in 2021.
- The number of identified Wyoming exporters to Singapore has grown by 25% since 2015.
- Singapore is Wyoming's 3rd largest export destination in Asia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses based in Wyoming that export goods and services to Singapore. It provides insights into the scale and composition of the state's export economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for evaluating Wyoming's international trade performance and competitiveness. It helps policymakers and economists understand the state's export dynamics and the effectiveness of trade promotion initiatives.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and international trade records.
Q: How is this trend used in economic policy?
A: Policymakers and economic analysts use this metric to assess Wyoming's export competitiveness and the impact of trade-related policies and programs.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data due to the time required for business surveys and trade record compilation.
Related Trends
Value of Exports to Singapore from North Carolina
NCSGPA052SCEN
Loans from Non-Resident Banks, Amounts Outstanding, to GDP for Singapore
DDOI09SGA156NWDB
Bank's Non-Interest Income to Total Income for Singapore
DDEI03SGA156NWDB
Number of Identified Exporters to Singapore from Hawaii
HISGPA475SCEN
Total Credit to Households and NPISHs, Adjusted for Breaks, for Singapore
QSGHAMUSDA
Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Singapore
QSGNAMUSDA
Citation
U.S. Federal Reserve, Number of Identified Exporters to Singapore from Wyoming (WYSGPA475SCEN), retrieved from FRED.