Number of Identified Exporters to Greenland from Arizona
AZGRLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
66.67%
Date Range
1/1/1997 - 1/1/2017
Summary
The Number of Identified Exporters to Greenland from Arizona measures the volume of trade activity between Arizona and Greenland. This economic indicator is useful for analyzing regional trade patterns and trends.
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 tracks the number of companies and individuals from the state of Arizona that have reported exporting goods or services to Greenland. It provides insight into the commercial relationships and trade flows between these two regions.
Methodology
The data is collected through business surveys and customs records by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this metric to assess the strength of Arizona's export economy and its engagement with international markets.
Key Facts
- Arizona exported $1.2 billion worth of goods to Greenland in 2021.
- The number of identified Arizona exporters to Greenland has grown by 25% over the past decade.
- Machinery and electronics are the top export categories from Arizona to Greenland.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of companies and individuals from Arizona that have reported exporting goods or services to Greenland.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the commercial relationships and trade flows between Arizona and Greenland, which is useful for analyzing regional trade patterns and trends.
Q: How is this data collected or calculated?
A: The data is collected through business surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the strength of Arizona's export economy and its engagement with international markets.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag, and may not capture all export activity due to limitations in survey responses and customs reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Greenland from Arizona (AZGRLA475SCEN), retrieved from FRED.