Number of Identified Exporters to Italy from Idaho
IDITAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71.00
Year-over-Year Change
54.35%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Italy from Idaho measures the count of companies located in Idaho that export goods to Italy. This metric provides insight into international trade patterns and the engagement of Idaho businesses in the global economy.
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 individual exporters based in the U.S. state of Idaho that ship products to Italy. It serves as an indicator of the scale and diversity of Idaho's export activity, which is an important component of economic growth and competitiveness.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Policymakers and trade analysts use this metric to assess Idaho's export performance and trade relationships.
Key Facts
- Idaho exported over $300 million in goods to Italy in 2020.
- The number of Idaho exporters to Italy has grown by 25% since 2015.
- Food products make up the largest share of Idaho's exports to Italy.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of companies located in Idaho that export goods to Italy. It provides insight into the scale and diversity of Idaho's export activity.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding Idaho's trade relationships and engagement in the global economy, which are key drivers of economic growth and competitiveness.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess Idaho's export performance and inform decisions around economic development and international trade policy.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric only captures formal export activity and may not reflect all trade flows.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Italy from Idaho (IDITAA475SCEN), retrieved from FRED.