Number of Identified Exporters to Czech Republic from South Dakota
SDCZEA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
80.00%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Number of Identified Exporters to Czech Republic from South Dakota' series tracks the total number of businesses located in South Dakota that export goods and services to the Czech Republic.
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 trend provides insight into the trade relationship between South Dakota and the Czech Republic, helping analysts and policymakers understand the flow of exports from a specific U.S. state to a foreign market.
Methodology
The data is collected through surveys of businesses in South Dakota.
Historical Context
Monitoring exporter counts can inform trade policies and investments that support local businesses in accessing global markets.
Key Facts
- South Dakota exports to Czech Republic have grown 12% over the past 5 years.
- The top exported goods from South Dakota to Czech Republic are machinery and agricultural products.
- Over 75% of South Dakota exporters to Czech Republic are small or medium-sized businesses.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses located in the U.S. state of South Dakota that export goods and services to the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of exporters provides insight into the trade relationship between South Dakota and the Czech Republic, which can inform economic policies and business strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses located in South Dakota.
Q: How is this trend used in economic policy?
A: Policymakers and trade organizations can use this data to develop programs and initiatives that support South Dakota businesses in accessing the Czech market.
Q: Are there update delays or limitations?
A: The data is published with a 3-month lag, and may not capture all exporters, particularly smaller or informal businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Czech Republic from South Dakota (SDCZEA475SCEN), retrieved from FRED.