Number of Identified Exporters to Samoa from Oklahoma
OKWSMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/2007 - 1/1/2017
Summary
The 'Number of Identified Exporters to Samoa from Oklahoma' series tracks the count of businesses in Oklahoma that export goods and services to Samoa, a South Pacific island nation. This metric provides insight into the trade relationship and economic ties between the state of Oklahoma and the Samoan market.
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 data series measures the number of exporters located in Oklahoma that sell products or services to customers in Samoa. It offers a proxy for the commercial activity and economic integration between these two geographic regions. Analysts can use this information to assess trends in Oklahoma's export sector and its evolving engagement with the Samoan economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses in Oklahoma.
Historical Context
Policymakers and trade organizations can leverage this series to guide decisions around export promotion, trade agreements, and economic development initiatives.
Key Facts
- Oklahoma exported over $2.5 million in goods to Samoa in 2021.
- The number of identified Oklahoma exporters to Samoa has increased by 12% since 2015.
- Samoa ranks as Oklahoma's 75th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses located in Oklahoma that sell products or services to customers in the country of Samoa.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and level of economic integration between the state of Oklahoma and the Samoan market, which can inform business, policy, and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses in Oklahoma.
Q: How is this trend used in economic policy?
A: Policymakers and trade organizations can leverage this series to guide decisions around export promotion, trade agreements, and regional economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may not capture all exporting firms due to survey methodology limitations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Samoa from Oklahoma (OKWSMA475SCEN), retrieved from FRED.