Number of Identified Exporters to El Salvador from Idaho
IDSLVA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
-23.53%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to El Salvador from Idaho' measures the total number of businesses based in Idaho that export goods to El Salvador. This data provides insights into trade dynamics and economic relationships 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 Idaho-based companies that have reported exporting products or services to El Salvador. It serves as an indicator of the depth and breadth of trade and commercial ties between the two economies.
Methodology
The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to evaluate the strength of economic integration and commercial activity between Idaho and El Salvador.
Key Facts
- Idaho exported $104 million in goods to El Salvador in 2021.
- The number of identified Idaho exporters to El Salvador has grown by 12% since 2015.
- Top export categories from Idaho to El Salvador include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of businesses based in the U.S. state of Idaho that export goods or services to El Salvador.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the depth of trade and commercial ties between the Idaho and El Salvador economies, which is valuable information for policymakers, businesses, and economic analysts.
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 trade analysts use this metric to evaluate the strength of economic integration and commercial activity between Idaho and El Salvador, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: There may be a several month delay in the reporting of this data due to the survey-based collection process.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to El Salvador from Idaho (IDSLVA475SCEN), retrieved from FRED.