Number of Identified Exporters to the Democratic Republic of the Congo from Louisiana

LACODA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

8.00

Year-over-Year Change

0.00%

Date Range

1/1/1992 - 1/1/2016

Summary

This economic trend measures the number of identified exporters to the Democratic Republic of the Congo (DRC) from the U.S. state of Louisiana. It provides insights into Louisiana's trade and economic relationships with the DRC.

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

The Number of Identified Exporters to the Democratic Republic of the Congo from Louisiana series tracks the count of unique business entities located in Louisiana that have reported exporting goods to the DRC. This metric offers a proxy for the level of commercial activity and trade flows between Louisiana and the DRC.

Methodology

The data is collected by the U.S. Census Bureau through mandatory business surveys and export declarations.

Historical Context

This trend is relevant for analyzing Louisiana's trade dynamics and assessing the state's economic engagement with the DRC market.

Key Facts

  • Louisiana is a major U.S. exporting state.
  • The DRC is a fast-growing economy in Central Africa.
  • Trade with the DRC supports Louisiana jobs and businesses.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique business entities located in Louisiana that have reported exporting goods to the Democratic Republic of the Congo (DRC).

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into Louisiana's trade and economic relationships with the DRC market, which is important for understanding the state's international commerce and export activity.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through mandatory business surveys and export declarations.

Q: How is this trend used in economic policy?

A: This trend can inform state and federal policymakers about Louisiana's economic engagement with the DRC, which can guide trade promotion efforts and policies supporting Louisiana businesses.

Q: Are there update delays or limitations?

A: There may be delays in data reporting and publication due to the time required for businesses to submit surveys and the Census Bureau to process the information.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to the Democratic Republic of the Congo from Louisiana (LACODA475SCEN), retrieved from FRED.