Number of Identified Exporters to Ecuador from Idaho
IDECUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
111.11%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Ecuador from Idaho' series tracks the count of businesses located in Idaho that export goods to Ecuador. This metric is important for analyzing trade flows and economic activity between U.S. states and international markets.
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 firms or establishments based in the state of Idaho that have reported exporting products or services to Ecuador. It provides insights into the scale and diversity of Idaho's export economy and trade relationships.
Methodology
The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this metric to evaluate the health of Idaho's export sector and the state's economic integration with Ecuador.
Key Facts
- Idaho has over 1,500 identified exporters to Ecuador.
- Exports to Ecuador account for 2.5% of Idaho's total international trade.
- The number of Idaho exporters to Ecuador has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses located in Idaho that export goods or services to Ecuador. It provides insights into the scale and diversity of Idaho's export economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for analyzing trade flows and economic activity between U.S. states and international markets. It helps policymakers and economists evaluate the health of Idaho's export sector and the state's economic integration with Ecuador.
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 use this metric to assess the performance of Idaho's export economy and to inform trade, investment, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a 2-3 month lag. There may be limitations in capturing all small or informal exporters in the state.
Related Trends
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Ecuador
ECUFCBODDNUM
Use of Financial Services, Liabilities: Outstanding Deposits at Credit Unions and Financial Cooperatives for Ecuador
ECUFCLODUXDC
General Government Revenue for Ecuador
ECUGGRGDP
Central Bank Assets to GDP for Ecuador
DDDI06ECA156NWDB
Private Credit by Deposit Money Banks to GDP for Ecuador
DDDI01ECA156NWDB
Constant GDP per capita for Ecuador
NYGDPPCAPKDECU
Citation
U.S. Federal Reserve, Number of Identified Exporters to Ecuador from Idaho (IDECUA475SCEN), retrieved from FRED.