Value of Exports to the Democratic Republic of the Congo from Texas
TXCODA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,708,847.00
Year-over-Year Change
22.56%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Texas to the Democratic Republic of the Congo. It provides insights into trade flows and economic relationships between Texas and this African nation.
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 'Value of Exports to the Democratic Republic of the Congo from Texas' series tracks the dollar value of goods and services shipped from Texas to the Democratic Republic of the Congo. This metric is used by economists and policymakers to analyze trade patterns and the commercial ties between these two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Trends in this metric can inform trade policies, investment decisions, and economic strategies between Texas and the Democratic Republic of the Congo.
Key Facts
- Texas is a major exporting state in the U.S.
- The Democratic Republic of the Congo is a developing African economy.
- Trade between Texas and the DRC has economic and geopolitical implications.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Texas to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship and commercial ties between Texas and the DRC, which can inform economic policies, investment decisions, and strategic partnerships.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Trends in Texas-DRC trade flows can inform trade policies, investment strategies, and economic development initiatives between the two regions.
Q: Are there update delays or limitations?
A: The data may have update lags due to the time required for data collection and reporting by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to the Democratic Republic of the Congo from Texas (TXCODA052SCEN), retrieved from FRED.