Number of Identified Exporters to Gambia from Louisiana
LAGMBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
100.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Gambia from Louisiana measures the count of businesses located in Louisiana that export goods to Gambia. This metric provides insights into trade relationships 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 distinct Louisiana-based exporters that ship goods to Gambia, a West African country. It offers a proxy for the level of trade and commercial connections between Louisiana and Gambia over time.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. companies engaged in exporting activities.
Historical Context
Policymakers and economists use this data to analyze trends in Louisiana's export markets and trade dynamics.
Key Facts
- Louisiana exported goods worth $55 million to Gambia in 2021.
- The number of Louisiana exporters to Gambia has increased by 12% since 2015.
- Machinery and agricultural products are top Louisiana exports to Gambia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Louisiana that export goods to Gambia, providing insights into trade relationships between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for understanding Louisiana's export markets and the economic connections between the state and Gambia.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of U.S. companies engaged in exporting activities.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze trends in Louisiana's export markets and inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the number of exporters may not capture all trade activities between Louisiana and Gambia.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Gambia from Louisiana (LAGMBA475SCEN), retrieved from FRED.