Number of Identified Exporters to Brunei Darussalam from Alabama

ALBRNA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.00

Year-over-Year Change

0.00%

Date Range

1/1/1992 - 1/1/2016

Summary

The 'Number of Identified Exporters to Brunei Darussalam from Alabama' series tracks the count of companies located in Alabama that export goods to the Southeast Asian nation of Brunei Darussalam. This metric provides insight into the trade relationship between Alabama and Brunei.

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, maintained by the U.S. Census Bureau, records the number of businesses domiciled in Alabama that have been identified as exporting products to Brunei Darussalam. It serves as an indicator of the commercial ties between the U.S. state and the small island country.

Methodology

The data is collected through mandatory business surveys and customs declarations.

Historical Context

Policymakers and trade analysts use this series to evaluate Alabama's export activity and commercial integration with the Brunei market.

Key Facts

  • Alabama exported $X.XX million in goods to Brunei in the latest year.
  • The number of Alabama exporters to Brunei has grown by Y% over the past decade.
  • Brunei ranks #ZZ among Alabama's export destinations.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the number of companies located in the U.S. state of Alabama that have been identified as exporting products to the country of Brunei Darussalam.

Q: Why is this trend relevant for users or analysts?

A: The 'Number of Identified Exporters to Brunei Darussalam from Alabama' provides insight into the trade relationship between Alabama and the Southeast Asian nation of Brunei, which is useful for policymakers, trade analysts, and businesses.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through mandatory business surveys and customs declaration records.

Q: How is this trend used in economic policy?

A: Governments, trade associations, and companies use this series to evaluate Alabama's export activity and commercial integration with the Brunei market, which can inform trade policy, market expansion strategies, and economic development initiatives.

Q: Are there update delays or limitations?

A: There may be lags of several months in the reporting of this data due to the time required for businesses to submit surveys and for the Census Bureau to compile the information.

Related Trends

Citation

U.S. Census Bureau, Number of Identified Exporters to Brunei Darussalam from Alabama (ALBRNA475SCEN), retrieved from FRED.