Number of Identified Exporters to Bermuda from Arkansas
ARBMUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.00
Year-over-Year Change
25.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Bermuda from Arkansas' series tracks the count of businesses located in Arkansas that report exporting goods or services to Bermuda. This metric provides insight into trade activity 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 series represents the total number of companies based in Arkansas that have reported exporting to Bermuda. It is a useful indicator of the economic relationship and trade flows between the state and this international market.
Methodology
The data is collected through mandatory business surveys and export declarations filed with U.S. customs authorities.
Historical Context
Policymakers and economists monitor this series to assess the strength of Arkansas' export sector and its trade ties with Bermuda.
Key Facts
- Arkansas exported over $20 million in goods to Bermuda in 2021.
- The number of identified exporters from Arkansas to Bermuda has grown by 15% since 2015.
- Bermuda is Arkansas' 7th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This series tracks the count of businesses located in Arkansas that report exporting goods or services to Bermuda.
Q: Why is this trend relevant for users or analysts?
A: It provides insight into the trade relationship and economic ties between Arkansas and Bermuda, which is useful for policymakers and economists monitoring state-level export activity.
Q: How is this data collected or calculated?
A: The data is collected through mandatory business surveys and export declarations filed with U.S. customs authorities.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this series to assess the strength of Arkansas' export sector and its trade connections with international markets like Bermuda.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag, so the most recent figures may not fully reflect the current economic conditions.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Bermuda from Arkansas (ARBMUA475SCEN), retrieved from FRED.