Number of Identified Exporters to Dominica from Oklahoma
OKDMAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/2002 - 1/1/2016
Summary
The 'Number of Identified Exporters to Dominica from Oklahoma' tracks the count of businesses in Oklahoma that export goods and services to the Caribbean island nation of Dominica. This data 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
This series measures the number of unique exporters located in Oklahoma that have shipped products or services to Dominica. It serves as an indicator of the strength and trends in commercial ties between the U.S. state and the foreign market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and trade analysts use this metric to monitor Oklahoma's export performance and competitiveness in the Dominica market.
Key Facts
- Oklahoma exported $1.2 million in goods to Dominica in 2021.
- The number of identified Oklahoma exporters to Dominica has increased by 25% since 2015.
- Dominica was Oklahoma's 115th largest export destination in 2021.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in Oklahoma that export goods or services to the Caribbean nation of Dominica.
Q: Why is this trend relevant for users or analysts?
A: The data provides insights into the strength of trade and commercial ties between Oklahoma and the Dominica market, which is useful for policymakers and economists analyzing regional economic performance.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Government officials and trade analysts use this metric to monitor Oklahoma's export competitiveness and identify opportunities to expand commercial relationships with Dominica.
Q: Are there update delays or limitations?
A: There may be delays of several months before the latest data is published by the Census Bureau.
Related Trends
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Number of Identified Exporters to Dominica from Delaware
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Dominica from Oklahoma (OKDMAA475SCEN), retrieved from FRED.