Number of Identified Exporters to Denmark from Louisiana
LADNKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.00
Year-over-Year Change
-8.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Denmark from Louisiana' measures the count of businesses located in Louisiana that export goods to Denmark. This data provides insights into the trade relationship between Louisiana and Denmark.
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 economic indicator tracks the number of unique Louisiana-based companies that export products to Denmark. It offers a quantitative view of the commercial ties between the two regions and can inform trade policy discussions.
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 monitor the strength of Louisiana's export economy.
Key Facts
- Louisiana exports to Denmark totaled $123 million in 2021.
- The number of Louisiana exporters to Denmark has grown by 7% over the past 5 years.
- Top Louisiana export categories to Denmark include chemicals, machinery, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in Louisiana that export goods to Denmark. It provides a quantitative view of trade activity between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for understanding the strength of Louisiana's export economy and the commercial relationship between the state and Denmark. It can inform trade policy decisions and business strategy.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses located in Louisiana.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the export performance of Louisiana's economy and the state's commercial ties with Denmark. It can help guide decisions around trade agreements and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so it may not reflect the most current trade activity. Additionally, the metric only captures formal business exporters and may not fully represent informal or small-scale trade.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Denmark from Louisiana (LADNKA475SCEN), retrieved from FRED.