Number of Identified Exporters to Sweden from Alabama
ALSWEA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75.00
Year-over-Year Change
-14.77%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Sweden from Alabama' series tracks the count of businesses located in Alabama that export goods and services to Sweden. This metric provides insight into the economic ties between the two regions.
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 data series measures the number of Alabama-based companies that have been identified as exporting to Sweden. It offers a quantitative view of the commercial relationship and trade flows between the state of Alabama and the Swedish market.
Methodology
The data is collected through surveys and administrative records of export activity.
Historical Context
Policymakers and business analysts use this metric to assess the strength of economic linkages and trade patterns.
Key Facts
- Alabama exported $1.2 billion in goods to Sweden in 2021.
- The number of identified Alabama exporters to Sweden has grown by 12% over the past 5 years.
- Sweden is Alabama's 6th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of businesses located in Alabama that have been identified as exporting goods or services to Sweden.
Q: Why is this trend relevant for users or analysts?
A: The number of identified Alabama exporters to Sweden provides insight into the strength of economic ties and trade flows between the two regions.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records of export activity.
Q: How is this trend used in economic policy?
A: Policymakers and business analysts use this metric to assess the state of Alabama's international trade relationships and commercial patterns.
Q: Are there update delays or limitations?
A: The data may be subject to lags in reporting and may not capture all export activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Sweden from Alabama (ALSWEA475SCEN), retrieved from FRED.