Number of Identified Exporters to France from Alabama
ALFRAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
187.00
Year-over-Year Change
13.33%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to France from Alabama measures the total number of businesses based in Alabama that export goods to France. This trend provides insights into the trade dynamics and economic connections between Alabama and the French 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
This series tracks the count of unique exporting enterprises located in Alabama that sell their products to customers in France. It offers a window into the scale and composition of Alabama's export economy, which is an important driver of state-level economic growth and competitiveness.
Methodology
The data is collected through customs and trade reporting by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to assess Alabama's export performance and integration with key foreign markets.
Key Facts
- Alabama exported $1.9 billion worth of goods to France in 2021.
- The number of identified Alabama exporters to France has grown by 25% since 2015.
- France is Alabama's 5th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of unique businesses based in Alabama that export their products to customers in France.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and composition of Alabama's export economy, which is a key driver of state-level economic growth and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through customs and trade reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess Alabama's export performance and integration with key foreign markets like France.
Q: Are there update delays or limitations?
A: There may be lags of several months in the availability of the latest data due to the time required for customs reporting and Census Bureau compilation.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to France from Alabama (ALFRAA475SCEN), retrieved from FRED.