Number of Identified Exporters to Tonga from Alabama
ALTONA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2004 - 1/1/2016
Summary
The 'Number of Identified Exporters to Tonga from Alabama' tracks the count of businesses located in Alabama that export goods to the Pacific island nation of Tonga. This metric provides insight into Alabama's trade relationships and economic connections with distant markets.
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 measures the number of unique Alabama-based companies that have been identified as exporting products or services to Tonga. It offers a quantitative indicator of the commercial ties between the U.S. state and this Pacific island country, which can be useful for policymakers and trade analysts.
Methodology
The data is collected by the U.S. Census Bureau through surveys of domestic firms engaged in international trade.
Historical Context
Trends in this series can inform economic development strategies and help evaluate the efficacy of export promotion programs.
Key Facts
- Alabama is home to over 6 million residents.
- Tonga is a Polynesian island country in the South Pacific.
- The series began tracking exporters in 1999.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of identified businesses located in the U.S. state of Alabama that export goods or services to the Pacific island nation of Tonga.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade and economic connections between Alabama and Tonga, which can inform policy decisions, investment strategies, and assessments of export promotion programs.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of domestic firms engaged in international trade.
Q: How is this trend used in economic policy?
A: Trends in the number of Alabama exporters to Tonga can help policymakers and economic development agencies evaluate the effectiveness of export promotion efforts and identify opportunities to strengthen commercial ties.
Q: Are there update delays or limitations?
A: There may be delays in the reporting of this data, and the series may not capture all exporting activity due to survey limitations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Tonga from Alabama (ALTONA475SCEN), retrieved from FRED.