Value of Exports to Saint Vincent and the Grenadines from Texas

TXVCTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,675,705.00

Year-over-Year Change

54.91%

Date Range

1/1/1992 - 1/1/2016

Summary

The 'Value of Exports to Saint Vincent and the Grenadines from Texas' series tracks the total value of goods and services exported from the state of Texas to the Caribbean nation of Saint Vincent and the Grenadines. This metric is an important indicator of trade dynamics and economic ties 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 series represents the dollar value of all products and services shipped from Texas businesses and suppliers to customers in Saint Vincent and the Grenadines. It provides insight into the trade relationship and commercial activity between the U.S. state and the Caribbean island country.

Methodology

The data is collected and reported by the U.S. Census Bureau based on customs declarations and shipping records.

Historical Context

Economists and policymakers use this series to analyze trends in regional trade and assess the economic interdependence between Texas and Saint Vincent and the Grenadines.

Key Facts

  • Texas is the second-largest exporting state in the U.S.
  • Saint Vincent and the Grenadines is a small island country in the Caribbean Sea.
  • Trade between Texas and Saint Vincent and the Grenadines supports jobs and economic growth in both regions.

FAQs

Q: What does this economic trend measure?

A: This series tracks the total dollar value of goods and services exported from the U.S. state of Texas to the Caribbean nation of Saint Vincent and the Grenadines.

Q: Why is this trend relevant for users or analysts?

A: The value of exports from Texas to Saint Vincent and the Grenadines provides insight into the trade relationship and economic ties between the two regions, which is useful for economists, businesses, and policymakers.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau based on customs declarations and shipping records.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this series to analyze trends in regional trade and assess the economic interdependence between Texas and Saint Vincent and the Grenadines.

Q: Are there update delays or limitations?

A: The data is published regularly by the U.S. Census Bureau, but may be subject to revisions and delays in reporting.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Saint Vincent and the Grenadines from Texas (TXVCTA052SCEN), retrieved from FRED.