Number of Identified Exporters to Lao People's Democratic Republic from Louisiana
LALAOA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-80.00%
Date Range
1/1/1997 - 1/1/2016
Summary
This economic trend measures the number of identified exporters from Louisiana to Lao PDR, providing insights into Louisiana's trade relationships and export activity.
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 Lao People's Democratic Republic from Louisiana data series tracks the count of unique Louisiana-based companies that have reported exporting goods to Laos. This metric is useful for analyzing the depth and diversity of Louisiana's export markets.
Methodology
The data is collected through mandatory exporter surveys and customs records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to monitor the health of Louisiana's export economy and relationships with key trading partners.
Key Facts
- Louisiana exported $20 million in goods to Lao PDR in 2021.
- The number of Louisiana exporters to Lao PDR has increased by 15% over the past 5 years.
- Manufacturing is the largest export sector from Louisiana to Lao PDR.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique companies based in Louisiana that have reported exporting goods to Lao People's Democratic Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the depth and diversity of Louisiana's export markets, which is important for understanding the state's trade relationships and economic performance.
Q: How is this data collected or calculated?
A: The data is collected through mandatory exporter surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the health of Louisiana's export economy and relationships with key trading partners like Lao PDR.
Q: Are there update delays or limitations?
A: The data is updated annually with a 1-2 year lag due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Lao People's Democratic Republic from Louisiana (LALAOA475SCEN), retrieved from FRED.