Number of Identified Exporters to United Kingdom from Rhode Island
RIGBRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
235.00
Year-over-Year Change
-4.08%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to United Kingdom from Rhode Island' trend measures the volume of export activity from Rhode Island to the United Kingdom. This metric is a key indicator of trade dynamics and economic integration 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 tracks the total number of unique businesses and organizations identified as exporting goods or services from the state of Rhode Island to the United Kingdom. It provides insights into the scale and diversity of Rhode Island's export relationships with one of its major trading partners.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Historical Context
Policymakers and economists use this trend to assess the health of Rhode Island's export sector and international trade relationships.
Key Facts
- Rhode Island exported $1.3 billion in goods to the UK in 2021.
- The number of identified Rhode Island exporters to the UK has grown by 12% since 2015.
- Top Rhode Island exports to the UK include machinery, scientific instruments, and jewelry.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of unique businesses and organizations identified as exporting goods or services from the state of Rhode Island to the United Kingdom.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and diversity of Rhode Island's export relationships with one of its major trading partners, the United Kingdom.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the health of Rhode Island's export sector and international trade relationships.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to United Kingdom from Rhode Island (RIGBRA475SCEN), retrieved from FRED.