Number of Identified Exporters to Italy from Alabama
ALITAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
164.00
Year-over-Year Change
4.46%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Italy from Alabama measures the total count of businesses in Alabama that export goods and services to Italy. This trend provides insights into the trade relationship between Alabama and the Italian 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 number of Alabama-based companies that export to Italy. It offers economists and policymakers a quantitative view of Alabama's trade ties with Italy, which can inform decisions around trade agreements, market access, and economic development strategies.
Methodology
The data is collected through surveys of Alabama businesses and customs records.
Historical Context
Policymakers and trade analysts use this trend to monitor changes in Alabama's export composition and market access.
Key Facts
- Alabama exported $1.7 billion in goods to Italy in 2021.
- The number of Alabama exporters to Italy has grown by 12% over the past 5 years.
- Machinery and transportation equipment make up over 60% of Alabama's exports to Italy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses based in Alabama that export goods or services to Italy.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Alabama's trade relationship with Italy, which is an important economic partner. It helps analysts and policymakers understand changes in market access and trade dynamics.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Alabama businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this trend to monitor changes in Alabama's export composition and market access, which can inform decisions around trade agreements, economic development, and market diversification strategies.
Q: Are there update delays or limitations?
A: There may be some delay in data reporting, as the information is compiled from business surveys and customs records. The trend may not capture all exporting activity, as it only reflects identified exporters.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Italy from Alabama (ALITAA475SCEN), retrieved from FRED.