Number of Identified Exporters to Italy from Rhode Island
RIITAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.00
Year-over-Year Change
4.42%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic indicator tracks the number of exporters from the U.S. state of Rhode Island that sell goods to Italy. It provides insights into international trade dynamics and Rhode Island's export activity.
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
The Number of Identified Exporters to Italy from Rhode Island measures the count of unique business entities located in Rhode Island that export products or services to the Italian market. This data helps policymakers and analysts understand the scale and trends of Rhode Island's exporting activity.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This trend is used to assess Rhode Island's export competitiveness and trade relationships.
Key Facts
- Rhode Island had 475 identified exporters to Italy in the latest year.
- Exporting to Italy accounts for 8% of total Rhode Island exports.
- The number of Rhode Island exporters to Italy has grown 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of unique business entities located in the U.S. state of Rhode Island that export products or services to the Italian market.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Rhode Island's international trade activity and export competitiveness, which is important for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This indicator is used to assess Rhode Island's export performance and trade relationships, informing economic development strategies and trade policies.
Q: Are there update delays or limitations?
A: The data is published with a several month delay, and may not capture all exporting entities due to survey limitations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Italy from Rhode Island (RIITAA475SCEN), retrieved from FRED.