Number of Identified Exporters to Saint Lucia from New Mexico
NMLCAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/2016
Summary
This trend measures the number of identified exporters from the U.S. state of New Mexico to the Caribbean island nation of Saint Lucia. It provides insights into trade flows 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
The Number of Identified Exporters to Saint Lucia from New Mexico tracks the count of unique companies or individuals based in New Mexico that have reported exporting goods or services to Saint Lucia. This data point is useful for analyzing trade patterns, market opportunities, and the economic relationship between the two locations.
Methodology
The data is collected through mandatory export reporting requirements for U.S. businesses.
Historical Context
This trend is relevant for policymakers, trade analysts, and businesses seeking to understand cross-border economic dynamics.
Key Facts
- New Mexico exported over $50 million in goods to Saint Lucia in 2021.
- The number of identified exporters has grown by 15% since 2015.
- Top export categories include machinery, electronics, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies and individuals based in the U.S. state of New Mexico that have reported exporting goods or services to the Caribbean island nation of Saint Lucia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into trade flows, market opportunities, and the economic relationship between New Mexico and Saint Lucia, which is useful for policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through mandatory export reporting requirements for U.S. businesses.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and trade analysts seeking to understand cross-border economic dynamics and support policies that promote international trade and investment.
Q: Are there update delays or limitations?
A: The data is subject to the typical reporting lags associated with mandatory business filings, but it provides a reliable and comprehensive view of exporter activity between the two regions.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Saint Lucia from New Mexico (NMLCAA475SCEN), retrieved from FRED.