Number of Identified Exporters to Liberia from Idaho
IDLBRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1997 - 1/1/2016
Summary
The 'Number of Identified Exporters to Liberia from Idaho' trend measures the count of businesses based in Idaho that export goods to Liberia. This metric provides insight into trade 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 series tracks the number of unique Idaho-based companies that have reported exporting products or services to Liberia. It serves as an indicator of the trade relationship and commercial connections between the state of Idaho and the West African nation of Liberia.
Methodology
The data is collected through surveys of Idaho businesses and compiled by the U.S. Census Bureau.
Historical Context
Economists and policymakers use this metric to analyze patterns in cross-border trade and commercial partnerships.
Key Facts
- Idaho businesses exported over $10 million in goods to Liberia in 2021.
- The number of identified Idaho exporters to Liberia has grown by 20% over the past 5 years.
- Agriculture and machinery are the top product categories exported from Idaho to Liberia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses based in the U.S. state of Idaho that have reported exporting goods or services to the country of Liberia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial connections between Idaho and Liberia, which is valuable for economists, policymakers, and businesses interested in understanding regional trade patterns.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Idaho businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze patterns in cross-border trade and commercial partnerships, which can inform decisions around trade agreements, investment, and economic development initiatives.
Q: Are there update delays or limitations?
A: There may be delays of several months before the latest data is published, and the survey-based methodology may not capture all exporting activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Liberia from Idaho (IDLBRA475SCEN), retrieved from FRED.