Number of Identified Exporters to Argentina from Rhode Island
RIARGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.00
Year-over-Year Change
30.43%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Argentina from Rhode Island measures the count of businesses located in Rhode Island that export goods and services to Argentina.
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 economic trend provides insight into the trade relationship between Rhode Island and Argentina. It can be used to analyze changes in export activity and the competitiveness of Rhode Island businesses in the Argentinian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Policymakers and trade analysts use this data to monitor the state of Rhode Island's exports.
Key Facts
- Rhode Island exported $72 million in goods to Argentina in 2021.
- The number of Rhode Island exporters to Argentina has declined by 10% since 2015.
- Machinery and computer equipment are the top Rhode Island exports to Argentina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Rhode Island that export goods and services to Argentina.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship between Rhode Island and Argentina, which is important for understanding the state's export competitiveness and economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this data to monitor the state of Rhode Island's exports and inform decisions related to trade agreements, export promotion programs, and other economic policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in capturing all exporting businesses, especially smaller firms.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Argentina from Rhode Island (RIARGA475SCEN), retrieved from FRED.