Number of Identified Exporters to Bulgaria from Rhode Island
RIBGRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
-25.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Bulgaria from Rhode Island' measures the count of businesses located in Rhode Island that export goods to Bulgaria. This metric provides insight into international trade and economic activity between the state and the destination country.
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 tracks the number of distinct companies in Rhode Island that have reported exporting merchandise to Bulgaria. It serves as an indicator of trade volumes and commercial relationships between the state and the Bulgarian market.
Methodology
The data is collected by the U.S. Census Bureau through mandatory reports from businesses on their export activities.
Historical Context
Policymakers and economists monitor this trend to assess Rhode Island's export performance and integration with the global economy.
Key Facts
- Rhode Island had 36 identified exporters to Bulgaria in 2021.
- Exporting to Bulgaria accounts for 0.4% of Rhode Island's total exports.
- The number of Rhode Island exporters to Bulgaria has declined by 10% since 2016.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of distinct businesses located in Rhode Island that have reported exporting goods to Bulgaria.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Rhode Island and Bulgaria, which is relevant for understanding the state's export performance and economic integration.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory reports from businesses on their export activities.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess Rhode Island's export performance and integration with the global economy.
Q: Are there update delays or limitations?
A: The data is subject to potential lags or revisions by the Census Bureau.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Bulgaria from Rhode Island (RIBGRA475SCEN), retrieved from FRED.