Number of Identified Exporters to Bermuda from Tennessee
TNBMUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.00
Year-over-Year Change
18.64%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Bermuda from Tennessee' series tracks the count of businesses located in Tennessee that export goods 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 series represents the number of unique Tennessee-based companies that export products or services to the island nation of Bermuda. It is a key indicator of the trade flows and commercial linkages between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through its Exporter Database program.
Historical Context
Policymakers and trade analysts use this series to monitor the health of Tennessee's export sector and its evolving trade ties with Bermuda.
Key Facts
- Tennessee exported $X.XX billion in goods to Bermuda in 20XX.
- The number of Tennessee exporters to Bermuda has grown by X% over the past decade.
- Bermuda ranks Xth among Tennessee's top export destinations.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses located in the U.S. state of Tennessee that export goods or services to the island nation of Bermuda.
Q: Why is this trend relevant for users or analysts?
A: The number of Tennessee exporters to Bermuda provides insight into the commercial relationship and trade flows between the two economies, which is useful for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its Exporter Database program.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to monitor the health of Tennessee's export sector and its evolving trade ties with Bermuda.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may not capture all exporting firms, especially smaller businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Bermuda from Tennessee (TNBMUA475SCEN), retrieved from FRED.