Number of Identified Exporters to Singapore from Arizona
AZSGPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
501.00
Year-over-Year Change
46.92%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Singapore from Arizona' series tracks the count of businesses located in Arizona that export goods to Singapore. This metric provides insight into Arizona's trade relationships and economic engagement with the global market.
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 distinct exporting entities based in Arizona that have reported sales to Singapore. It serves as an indicator of the breadth and activity of Arizona's exporter community focused on the Singaporean market.
Methodology
The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and economists monitor this trend to assess Arizona's export competitiveness and integration within international supply chains.
Key Facts
- Arizona exported over $1.3 billion in goods to Singapore in 2021.
- The number of identified Arizona exporters to Singapore has grown by 20% since 2015.
- Singapore is Arizona's 5th largest export market by value.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of distinct businesses located in Arizona that have reported exporting goods to Singapore.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the breadth of Arizona's exporter community and its engagement with the Singaporean market, which is an important indicator of the state's trade competitiveness and economic integration.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess Arizona's export competitiveness and its companies' integration within international supply chains.
Q: Are there update delays or limitations?
A: There may be a lag of several months between the reference period and data publication by the Census Bureau.
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Total Credit to Households and Non-Profit Institutions Serving Households, Adjusted for Breaks, for Singapore
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Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Singapore
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Citation
U.S. Census Bureau, Number of Identified Exporters to Singapore from Arizona (AZSGPA475SCEN), retrieved from FRED.