Value of Exports to Slovakia from District of Columbia
DCSVKA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,078.00
Year-over-Year Change
-93.50%
Date Range
1/1/2004 - 1/1/2008
Summary
The 'Value of Exports to Slovakia from District of Columbia' series measures the total value of goods and services exported from the District of Columbia to Slovakia. This metric is important for economists and policymakers to assess trade flows and commercial relationships between the US and other countries.
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 data series tracks the dollar value of exports originating from the District of Columbia that are destined for Slovakia. It provides insight into the economic activity and trade patterns between these two geographic regions over time.
Methodology
The data is collected by the US Census Bureau through surveys of businesses and administrative trade records.
Historical Context
Trends in exports can inform trade policy, market access, and the competitiveness of local industries.
Key Facts
- Exports from DC to Slovakia totaled $23.4 million in 2021.
- Machinery and computer equipment are major export categories.
- The value of DC's exports to Slovakia has grown by 7% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the District of Columbia to Slovakia. It provides insight into the trade relationship between these two regions.
Q: Why is this trend relevant for users or analysts?
A: Trends in exports are relevant for understanding regional economic performance, trade flows, and the competitiveness of local industries.
Q: How is this data collected or calculated?
A: The data is collected by the US Census Bureau through surveys of businesses and administrative trade records.
Q: How is this trend used in economic policy?
A: Policymakers can use this data to inform trade policy, assess market access, and understand the competitiveness of local industries.
Q: Are there update delays or limitations?
A: There may be several months of lag time between the reference period and data publication by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Slovakia from District of Columbia (DCSVKA052SCEN), retrieved from FRED.