Number of Identified Exporters to United Kingdom from Virginia
VAGBRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
828.00
Year-over-Year Change
-4.61%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to United Kingdom from Virginia' trend measures the total count of exporters based in Virginia that sell goods to the United Kingdom. This metric provides insight into the trade dynamics and economic relationships between the Commonwealth of Virginia and the UK.
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 data series tracks the number of unique Virginia-based entities that are identified as exporting to the United Kingdom. It offers an indicator of the breadth and depth of trade relationships between Virginia businesses and UK markets.
Methodology
The data is collected and reported by the U.S. Census Bureau based on export declaration filings.
Historical Context
Policymakers and economists use this metric to assess the health and growth of Virginia's export economy.
Key Facts
- Virginia is one of the top exporting states in the U.S.
- The UK is a major trading partner for Virginia businesses.
- Exporting helps support high-wage jobs and economic growth in Virginia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of exporters based in Virginia that sell goods to the United Kingdom. It provides insight into the trade dynamics between Virginia and the UK.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for assessing the health and growth of Virginia's export economy and trade relationships with key international markets like the UK.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on export declaration filings.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to monitor the strength of Virginia's export sector and inform decisions around trade, economic development, and international partnerships.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all exporting activity due to reporting thresholds and exclusions.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to United Kingdom from Virginia (VAGBRA475SCEN), retrieved from FRED.