Number of Identified Exporters to Saudi Arabia from Texas
TXSAUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,542.00
Year-over-Year Change
35.14%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Saudi Arabia from Texas' trend measures the count of exporters based in Texas that are shipping goods to Saudi Arabia. This metric provides insights into the trade relationship between Texas and one of the major economies in the Middle East.
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 tracks the number of unique companies located in Texas that are identified as exporting products to Saudi Arabia. It serves as an indicator of the commercial ties and economic integration between the state's businesses and the Saudi market.
Methodology
The data is collected through surveys and customs records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to monitor the health of Texas' export sector and its engagement with key international markets.
Key Facts
- Texas is the largest exporting state in the U.S.
- Saudi Arabia is one of the top destinations for Texas exports.
- Exporters to Saudi Arabia represent an important segment of the Texas economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of identified exporters based in Texas that are shipping goods to Saudi Arabia, providing insights into the trade relationship between the state and the Saudi market.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for policymakers, trade analysts, and businesses to monitor the health of Texas' export sector and its engagement with key international markets like Saudi Arabia.
Q: How is this data collected or calculated?
A: The data is collected through surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to track the performance of Texas' export sector and its commercial ties with major international markets like Saudi Arabia.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags and may not capture all exporters, but it provides a reliable indicator of Texas' trade relationship with Saudi Arabia.
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Amount Outstanding of Domestic Bonds and Notes in General Government Sector, Long-Term at Original Maturity, Residence of Issuer in Saudi Arabia
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Saudi Arabia from Texas (TXSAUA475SCEN), retrieved from FRED.