Number of Identified Exporters to Singapore from Delaware
DESGPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.00
Year-over-Year Change
48.15%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Singapore from Delaware' trend measures the volume of exporting businesses based in Delaware that ship goods to Singapore. This metric is valuable for economists and policymakers tracking international trade patterns.
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 economic indicator represents the count of companies located in the U.S. state of Delaware that export their products or services to the country of Singapore. The data can provide insights into the scale and dynamics of Delaware's export economy and its relationship with the Singaporean market.
Methodology
The data is collected by the U.S. Census Bureau through business surveys and customs records.
Historical Context
Trends in the number of Delaware exporters to Singapore are monitored by trade organizations, economic development agencies, and government policymakers.
Key Facts
- Delaware exported $304 million in goods to Singapore in 2021.
- The number of Delaware exporters to Singapore has grown by 25% since 2015.
- Singapore is Delaware's 6th largest international trade partner.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the U.S. state of Delaware that export their products or services to the country of Singapore.
Q: Why is this trend relevant for users or analysts?
A: Tracking the volume of Delaware exporters to Singapore provides insights into the scale and dynamics of the state's international trade relationships, which is valuable information for economists, policymakers, and business analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through business surveys and customs records.
Q: How is this trend used in economic policy?
A: Trends in the number of Delaware exporters to Singapore are monitored by trade organizations, economic development agencies, and government policymakers to inform decisions around international trade agreements, export promotion programs, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so it may not reflect the most recent economic conditions. Additionally, the data only captures formal exporting businesses and may not account for all informal or small-scale trade activities.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Singapore from Delaware (DESGPA475SCEN), retrieved from FRED.