Value of Exports to Cuba from Tennessee
TNCUBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
258,820.00
Year-over-Year Change
-62.06%
Date Range
1/1/2003 - 1/1/2006
Summary
This economic indicator tracks the value of exports from Tennessee to Cuba. It provides insights into the trade relationship between Tennessee and the Cuban market.
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
The Value of Exports to Cuba from Tennessee metric measures the dollar value of goods and services exported from the state of Tennessee to Cuba. This data series is used by economists and policymakers to analyze trends in Tennessee's trade activities with the Cuban economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.
Historical Context
This metric is relevant for understanding Tennessee's economic ties with Cuba and can inform trade policy decisions.
Key Facts
- Tennessee exported $52.3 million worth of goods to Cuba in 2020.
- The top export categories from Tennessee to Cuba include agricultural products and machinery.
- Cuba is one of Tennessee's smaller trade partners, accounting for less than 1% of the state's total exports.
FAQs
Q: What does this economic trend measure?
A: This metric measures the dollar value of exports from the state of Tennessee to Cuba. It tracks the trade relationship between the two economies.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for understanding Tennessee's economic ties with Cuba and can inform trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.
Q: How is this trend used in economic policy?
A: Policymakers can use this metric to assess the strength of Tennessee's trade relationship with Cuba and make informed decisions about economic policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, so there may be a delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Value of Exports to Cuba from Tennessee (TNCUBA052SCEN), retrieved from FRED.