Number of Identified Exporters to Belgium from Tennessee
TNBELA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
275.00
Year-over-Year Change
11.34%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Belgium from Tennessee' series tracks the count of businesses located in Tennessee that export goods to Belgium. This metric provides insight into Tennessee's trade relationships and economic integration with the Belgian market.
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 series measures the number of unique companies based in Tennessee that sell products or services to Belgium. It serves as an indicator of the breadth and depth of Tennessee's export activity, which is an important driver of economic growth and employment in the state.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.
Historical Context
Policymakers and analysts use this series to monitor Tennessee's export competitiveness and the health of its trade relationships.
Key Facts
- Tennessee exports over $39 billion in goods annually.
- Belgium is Tennessee's 9th largest export destination.
- The number of Tennessee exporters to Belgium has grown by 23% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses located in Tennessee that export goods to Belgium. It provides insight into the scale and growth of Tennessee's trade relationship with the Belgian market.
Q: Why is this trend relevant for users or analysts?
A: The number of Tennessee exporters to Belgium is an important indicator of the state's economic integration and export competitiveness. This data helps policymakers and businesses assess Tennessee's trade performance and development.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of U.S. businesses.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this series to monitor Tennessee's export relationships and competitiveness in global markets. The data informs decisions around trade, economic development, and business support policies.
Q: Are there update delays or limitations?
A: This series is published with a 12-18 month lag due to the survey data collection process. The data may not capture all small or informal exporters in Tennessee.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Belgium from Tennessee (TNBELA475SCEN), retrieved from FRED.