Number of Identified Exporters to Costa Rica from Kentucky
KYCRIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160.00
Year-over-Year Change
119.18%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Costa Rica from Kentucky' trend measures the count of businesses based in Kentucky that export goods to Costa Rica. This metric provides insights into trade patterns and economic ties 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 data series tracks the number of exporters located in Kentucky that sell products to the Costa Rican market. It serves as an indicator of trade dynamics and commercial relationships between the state and the Central American country.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Policymakers and economists monitor this trend to assess the health of Kentucky's export sector and international commercial activity.
Key Facts
- Kentucky exported $305 million in goods to Costa Rica in 2021.
- The number of identified Kentucky exporters to Costa Rica has grown by 12% since 2015.
- Machinery and transportation equipment are top Kentucky exports to Costa Rica.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of businesses based in Kentucky that export goods to the Costa Rican market.
Q: Why is this trend relevant for users or analysts?
A: It provides insights into trade dynamics and commercial relationships between Kentucky and Costa Rica, which is useful for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the health of Kentucky's export sector and international commercial activity.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all exporting businesses due to survey coverage limitations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Costa Rica from Kentucky (KYCRIA475SCEN), retrieved from FRED.