Number of Identified Exporters to Slovakia from Alabama
ALSVKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.00
Year-over-Year Change
63.64%
Date Range
1/1/1997 - 1/1/2017
Summary
This economic indicator tracks the number of exporters based in Alabama that ship goods to Slovakia. It provides insights into Alabama's international trade and export 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
The Number of Identified Exporters to Slovakia from Alabama is a data series that measures the total count of businesses located in Alabama that export products or services to the Slovak Republic. This metric is used by economists and policymakers to analyze trends in Alabama's export activity and trade relationships.
Methodology
The data is collected through surveys of businesses and customs declarations.
Historical Context
This trend is relevant for understanding Alabama's export-oriented industries and its economic ties to the Slovak market.
Key Facts
- Alabama exported over $250 million worth of goods to Slovakia in 2020.
- The number of Alabama exporters to Slovakia has increased by 12% since 2015.
- Slovakia is Alabama's 3rd largest export destination in Europe.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total number of businesses located in Alabama that export products or services to the Slovak Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Alabama's international trade activity and its economic ties to the Slovak market, which is useful for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers to understand Alabama's export-oriented industries and inform decisions related to trade agreements, export promotion programs, and economic development initiatives.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data due to the time required for collecting and processing the underlying business surveys and customs information.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Slovakia from Alabama (ALSVKA475SCEN), retrieved from FRED.