Number of Identified Exporters to Colombia from Arizona
AZCOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.00
Year-over-Year Change
108.62%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Colombia from Arizona' series tracks the count of Arizona-based companies that export goods and services to the Colombian market. This metric is relevant for economists and policymakers analyzing trade flows and international business 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
This series represents the number of exporters located in the state of Arizona that sell products or services to customers in Colombia. It provides insight into the commercial relationships and trade patterns between Arizona and one of the major economies in South America.
Methodology
The data is collected through surveys and customs 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
- Arizona is a top-10 exporting state in the U.S.
- Colombia is the third-largest market for Arizona exports in South America.
- Exports contribute over $24 billion annually to Arizona's economy.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of companies based in Arizona that are identified as exporting goods or services to customers in Colombia.
Q: Why is this trend relevant for users or analysts?
A: Trends in exporter counts can provide insights into the trade relationship between Arizona and Colombia, which is an important market for Arizona businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Analysts and policymakers can use this data to assess the impacts of trade agreements and policies on Arizona's export activity to Colombia.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all exporting activity due to limitations in survey responses and customs reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Colombia from Arizona (AZCOLA475SCEN), retrieved from FRED.