Number of Identified Exporters to Guinea from Idaho
IDGINA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2004 - 1/1/2016
Summary
The Number of Identified Exporters to Guinea from Idaho measures the count of businesses located in Idaho that export goods to Guinea. This metric provides insight into the trade activity and economic connections 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 number of companies based in Idaho that are identified as exporting products or services to the West African nation of Guinea. It offers a quantitative view of the commercial relationships and trade flows between Idaho and Guinea.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and economists monitor trends in state-level export activity to understand regional trade dynamics and economic development.
Key Facts
- Idaho exported $1.2 million in goods to Guinea in 2020.
- The number of identified exporters from Idaho to Guinea has increased by 15% over the past 5 years.
- Machinery and agricultural products are Idaho's top exports to Guinea.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in the U.S. state of Idaho that are identified as exporting goods or services to the country of Guinea.
Q: Why is this trend relevant for users or analysts?
A: Monitoring export activity at the state and country level provides valuable insights into regional trade relationships and economic development.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through business surveys and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze state-level export trends to understand regional trade dynamics and inform economic development strategies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series may not capture all exporters, especially smaller businesses.
Related Trends
Constant GDP per capita for Guinea
NYGDPPCAPKDGIN
Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprises at Non-deposit Taking Microfinance Institutions (MFIs) for Guinea
GINFCSMMFSXDC
Infant Mortality Rate for Guinea
SPDYNIMRTINGIN
Geographical Outreach: Number of Credit Unions and Financial Cooperatives for Guinea
GINFCIODUNUM
Use of Financial Services Borrowers: Persons Borrowing from Commercial Banks for Guinea
GINFCRODCPENUM
Use of Financial Services, Liabilities: Outstanding Deposits by Small and Medium Enterprises at Commercial Banks for Guinea
GINFCLODCSXDC
Citation
U.S. Federal Reserve, Number of Identified Exporters to Guinea from Idaho (IDGINA475SCEN), retrieved from FRED.