Number of Identified Exporters to Mexico from Florida
FLMEXA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,728.00
Year-over-Year Change
59.14%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Mexico from Florida' series tracks the count of businesses located in Florida that export goods to Mexico. This measure provides insight into trade dynamics and economic activity between the two regions.
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 represents the total number of distinct Florida-based companies that have reported exporting products to Mexico over a given time period. It is a useful indicator of the scale and breadth of cross-border trade between Florida and its southern neighbor.
Methodology
The data is collected and reported by the U.S. Census Bureau through its annual survey of U.S. export transactions.
Historical Context
The trend is closely monitored by policymakers, trade analysts, and business leaders to assess the strength of economic ties between Florida and Mexico.
Key Facts
- Florida is the 3rd largest exporting state in the U.S.
- Mexico is Florida's 2nd largest trading partner after Canada.
- The number of Florida exporters to Mexico has grown over 20% in the last decade.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of distinct businesses located in Florida that have reported exporting goods to Mexico over a given time period.
Q: Why is this trend relevant for users or analysts?
A: This measure provides insight into the scale and dynamics of trade and economic activity between Florida and Mexico, which is a critical commercial relationship for the state.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its annual survey of U.S. export transactions.
Q: How is this trend used in economic policy?
A: Policymakers, trade analysts, and business leaders closely monitor this trend to assess the strength of economic ties between Florida and Mexico and inform decisions around trade, investment, and economic development.
Q: Are there update delays or limitations?
A: The data is published annually with a several month lag, so it may not reflect the most recent changes in export activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Mexico from Florida (FLMEXA475SCEN), retrieved from FRED.