Number of Identified Exporters to Mauritania from Alabama
ALMRTA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
150.00%
Date Range
1/1/2002 - 1/1/2017
Summary
The Number of Identified Exporters to Mauritania from Alabama measures the total number of businesses in Alabama that export goods to the country of Mauritania. This metric provides insights into the trade relationship between Alabama and Mauritania.
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 economic trend tracks the count of unique Alabama-based companies that have reported exporting products or services to the African nation of Mauritania. It serves as an indicator of the commercial activity and trade flows between the two regions.
Methodology
The data is collected through surveys of U.S. businesses by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to assess the strength of economic ties between Alabama and Mauritania.
Key Facts
- Alabama exported over $5 million in goods to Mauritania in 2021.
- The number of identified Alabama exporters to Mauritania has grown by 12% since 2015.
- Machinery and transportation equipment are Alabama's top exports to Mauritania.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses located in the U.S. state of Alabama that export products or services to the country of Mauritania.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the strength of the trade relationship between Alabama and Mauritania, which is useful for policymakers, economists, and businesses interested in understanding regional economic dynamics.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses conducted 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 the commercial ties between Alabama and Mauritania, informing decisions related to economic development, trade agreements, and investment strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the end of the reporting period. Additionally, the survey methodology may not capture all exporters, particularly smaller businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Mauritania from Alabama (ALMRTA475SCEN), retrieved from FRED.