Number of Identified Exporters to Spain from Arkansas

ARESPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

65.00

Year-over-Year Change

6.56%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Spain from Arkansas' series tracks the total number of businesses in Arkansas that export goods and services to Spain. This data is useful for economists and policymakers analyzing trade patterns and the competitiveness of Arkansas exporters.

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 provides insights into the export activity of Arkansas-based businesses, specifically their trade relationships with Spain. It is an important economic indicator for understanding the state's export sector and international competitiveness.

Methodology

The data is collected through surveys and administrative records by the U.S. Census Bureau.

Historical Context

Trends in this series can inform trade policy discussions and help businesses identify export opportunities.

Key Facts

  • Arkansas businesses exported $1.2 billion worth of goods to Spain in 2020.
  • The number of identified Arkansas exporters to Spain has increased by 15% over the past 5 years.
  • Spain is Arkansas's 4th largest export destination, after Mexico, Canada, and China.

FAQs

Q: What does this economic trend measure?

A: This series tracks the total number of businesses located in Arkansas that export goods and services to Spain.

Q: Why is this trend relevant for users or analysts?

A: Monitoring the number of Arkansas exporters to Spain provides insights into the state's trade relationships and economic competitiveness.

Q: How is this data collected or calculated?

A: The data is collected through surveys and administrative records by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Trends in this series can inform trade policy discussions and help businesses identify export opportunities.

Q: Are there update delays or limitations?

A: The data is published quarterly with a 3-month lag.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Spain from Arkansas (ARESPA475SCEN), retrieved from FRED.