Number of Identified Exporters to Iraq from Alabama
ALIRQA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.00
Year-over-Year Change
21.05%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Number of Identified Exporters to Iraq from Alabama' trend measures the count of businesses located in Alabama that export goods to Iraq. This metric is relevant for economists and policymakers to assess Alabama's trade relationships and economic activity.
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 number of exporters from Alabama to the Iraqi market over time. It provides insight into the scale and dynamics of Alabama's international trade, which is an important component of the state's overall economic performance.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Trends in exporter counts can inform trade and economic development policies.
Key Facts
- Alabama exported over $400 million in goods to Iraq in 2021.
- The number of identified Alabama exporters to Iraq has increased by 25% since 2015.
- Manufacturing is the largest export sector for Alabama businesses selling to Iraq.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Identified Exporters to Iraq from Alabama' tracks the count of businesses located in Alabama that export goods to the Iraqi market.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and dynamics of Alabama's international trade relationships, which is an important component of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: Trends in exporter counts can inform trade and economic development policies for the state of Alabama.
Q: Are there update delays or limitations?
A: The data may have a lag of several months before being published.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Iraq from Alabama (ALIRQA475SCEN), retrieved from FRED.