Number of Identified Exporters to Singapore from Florida
FLSGPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,413.00
Year-over-Year Change
44.48%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Singapore from Florida' trend measures the number of Florida-based companies that export goods and services to Singapore. This metric is important for economists and policymakers to understand trade flows and business 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 series tracks the count of unique exporting enterprises located in Florida that have shipped goods or services to Singapore. It provides insight into the scale and diversity of Florida's export relationships with the Singaporean market.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys and administrative trade records.
Historical Context
Trends in exporter counts are used by trade analysts and economic development agencies to assess the health and competitiveness of local industries in global markets.
Key Facts
- Florida exported $2.5 billion in goods to Singapore in 2021.
- Singapore is Florida's 11th largest export destination globally.
- The number of Florida exporters to Singapore grew by 8% from 2020 to 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique enterprises located in Florida that have exported goods or services to Singapore in a given time period.
Q: Why is this trend relevant for users or analysts?
A: Tracking the count of Florida exporters to Singapore provides insight into the scale and diversity of trade relationships between the two regions, which is valuable for economic analysts and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys and administrative trade records.
Q: How is this trend used in economic policy?
A: Trends in exporter counts are used by trade analysts and economic development agencies to assess the health and competitiveness of local industries in global markets.
Q: Are there update delays or limitations?
A: There may be a 1-2 quarter lag in data availability due to the time required for business surveys and trade record processing.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Singapore from Florida (FLSGPA475SCEN), retrieved from FRED.