Number of Identified Exporters to Israel from Rhode Island
RIISRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.00
Year-over-Year Change
28.79%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Israel from Rhode Island' trend measures the count of companies located in Rhode Island that export goods or services to Israel. This data provides insights into the trade relationship between Rhode Island and Israel.
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 indicator tracks the number of Rhode Island-based businesses that export to the Israeli market. It offers a view into the state's international trade patterns and can be used to analyze trends in export activity and the competitiveness of local companies in global markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Policymakers and economic development organizations may use this metric to inform decisions around trade agreements, export promotion programs, and supporting local exporters.
Key Facts
- Rhode Island exported $36 million in goods to Israel in 2021.
- The number of identified Rhode Island exporters to Israel has declined by 10% since 2015.
- Small businesses account for the majority of Rhode Island's exporters to Israel.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of companies located in Rhode Island that export goods or services to Israel. It provides insights into the state's international trade relationships.
Q: Why is this trend relevant for users or analysts?
A: This metric offers valuable information about the competitiveness of Rhode Island businesses in global markets and can inform economic development and trade policy decisions.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economic development organizations may use this indicator to evaluate trade relationships, support local exporters, and shape policies that promote international business opportunities.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags and may not capture all exporting activity, as it relies on survey responses from businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Israel from Rhode Island (RIISRA475SCEN), retrieved from FRED.