Number of Identified Exporters to United Kingdom from Alabama
ALGBRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
333.00
Year-over-Year Change
-6.98%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to the United Kingdom from the U.S. state of Alabama. It provides insights into the export activity and international trade patterns of Alabama businesses.
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 Number of Identified Exporters to United Kingdom from Alabama is a key indicator of the economic connections and trade relationships between Alabama and the UK market. It offers insights into the internationalization and export orientation of Alabama-based companies.
Methodology
The data is collected by the U.S. Census Bureau through surveys and administrative records.
Historical Context
This trend is used by policymakers, trade analysts, and businesses to understand Alabama's export dynamics and inform decisions around international market expansion.
Key Facts
- Alabama exported $7.7 billion worth of goods to the UK in 2021.
- The number of identified Alabama exporters to the UK has grown by 12% since 2015.
- Machinery and transportation equipment are Alabama's top exports to the UK.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of identified exporters from the U.S. state of Alabama that export goods to the United Kingdom.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Alabama's export activity and trade relationship with the UK market, which is valuable information 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 surveys and administrative records.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and trade analysts to understand Alabama's export dynamics and inform decisions around international market expansion and trade policy.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the Census Bureau, and there may be time lags in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to United Kingdom from Alabama (ALGBRA475SCEN), retrieved from FRED.