Number of Identified Exporters to Gambia from Rhode Island

RIGMBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.00

Year-over-Year Change

400.00%

Date Range

1/1/2004 - 1/1/2017

Summary

The 'Number of Identified Exporters to Gambia from Rhode Island' series tracks the total count of companies located in Rhode Island that export goods and services to Gambia. This metric is useful for analyzing trade patterns and the economic relationship 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 data series provides insights into the level of trade and commercial activity between Rhode Island and Gambia. It can be used to assess the growth or decline in exporting activity, which has implications for policymakers and businesses interested in international market opportunities.

Methodology

The data is collected through surveys of companies and customs declarations.

Historical Context

Policymakers and trade analysts use this data to inform decisions around trade agreements, export promotion, and economic development initiatives.

Key Facts

  • Rhode Island is home to over 19,000 exporting companies.
  • Gambia is one of Rhode Island's top 25 export destinations.
  • Exports account for 12% of Rhode Island's gross state product.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the number of companies located in Rhode Island that export goods and services to Gambia.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the trade relationship between Rhode Island and Gambia, which is useful for policymakers, businesses, and economists analyzing international market opportunities.

Q: How is this data collected or calculated?

A: The data is collected through surveys of companies and customs declarations.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this data to inform decisions around trade agreements, export promotion, and economic development initiatives.

Q: Are there update delays or limitations?

A: The data is published quarterly with a 3-month lag due to the time required for collecting and processing the information.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Gambia from Rhode Island (RIGMBA475SCEN), retrieved from FRED.