Number of Identified Exporters to Portugal from South Dakota
SDPRTA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
-25.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Portugal from South Dakota' series tracks the count of South Dakota companies that export goods to Portugal. This metric provides insight into the trade 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 economic indicator represents the total number of South Dakota-based businesses that are actively exporting their products or services to Portugal. It is used by policymakers and trade analysts to monitor trends in international commerce and cross-border economic activity.
Methodology
The data is collected by the U.S. Census Bureau through surveys of South Dakota companies.
Historical Context
Tracking exporter counts can inform trade policy discussions and commercial strategies between the U.S. and Portugal.
Key Facts
- South Dakota is a major agricultural exporting state.
- Portugal is an important trading partner for the U.S.
- Exporter counts can signal changes in trade dynamics.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of companies based in South Dakota that are actively exporting goods or services to Portugal.
Q: Why is this trend relevant for users or analysts?
A: Monitoring exporter counts provides insight into the trade relationship between South Dakota and Portugal, which can inform economic policy and business strategies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of South Dakota businesses.
Q: How is this trend used in economic policy?
A: Exporter counts can signal changes in trade patterns and commercial activity, which is relevant for policymakers and trade analysts.
Q: Are there update delays or limitations?
A: The data may have a lag in reporting due to the survey-based collection method.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Portugal from South Dakota (SDPRTA475SCEN), retrieved from FRED.