Number of Identified Exporters to Cuba from South Dakota
SDCUBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2009 - 1/1/2010
Summary
The 'Number of Identified Exporters to Cuba from South Dakota' series tracks the total number of companies based in South Dakota that have reported exporting goods or services to Cuba.
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 metric provides insight into the economic ties and trade relationships between South Dakota and Cuba. It is used by policymakers and analysts to assess the impact of trade policies and regulations on small and medium-sized businesses in the state.
Methodology
The data is collected through mandatory export reporting requirements administered by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding state-level export dynamics and the effects of changes in U.S.-Cuba trade policy.
Key Facts
- South Dakota exports to Cuba peaked in 2012.
- The number of exporters has declined over 30% since 2015.
- Agricultural products make up the majority of South Dakota's exports to Cuba.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of companies based in South Dakota that have reported exporting goods or services to Cuba.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the economic ties and trade relationships between South Dakota and Cuba, which is relevant for policymakers and analysts assessing the impact of trade policies.
Q: How is this data collected or calculated?
A: The data is collected through mandatory export reporting requirements administered by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding state-level export dynamics and the effects of changes in U.S.-Cuba trade policy.
Q: Are there update delays or limitations?
A: The data may have a delay of several months due to the reporting requirements.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Cuba from South Dakota (SDCUBA475SCEN), retrieved from FRED.