Number of Identified Exporters to Solomon Islands from Alabama

ALSLBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/2012 - 1/1/2015

Summary

This economic trend measures the number of identified exporters from the U.S. state of Alabama to the Solomon Islands. It provides insights into Alabama's export activity and trade relationships with this Pacific island nation.

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 Solomon Islands from Alabama tracks the count of unique business entities that have reported exporting goods from Alabama to the Solomon Islands. This metric is used by economists and policymakers to analyze trends in Alabama's international trade patterns and the state's engagement with specific foreign markets.

Methodology

The data is collected by the U.S. Census Bureau through mandatory reporting by U.S. businesses on their export activities.

Historical Context

This trend is relevant for understanding Alabama's export economy and its economic ties with the Solomon Islands.

Key Facts

  • Alabama exported over $2 billion in goods in 2021.
  • The Solomon Islands is a small Pacific island nation with a GDP of around $1.5 billion.
  • Exports to the Solomon Islands make up a small fraction of Alabama's total international trade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique business entities based in Alabama that have reported exporting goods to the Solomon Islands.

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 Solomon Islands, which can inform economic policy and business decisions.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through mandatory reporting by U.S. businesses on their export activities.

Q: How is this trend used in economic policy?

A: This trend is used by economists and policymakers to analyze trends in Alabama's international trade patterns and the state's engagement with specific foreign markets.

Q: Are there update delays or limitations?

A: There may be delays in data reporting and publication, and the metric only captures a subset of Alabama's overall export activity.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Solomon Islands from Alabama (ALSLBA475SCEN), retrieved from FRED.