Number of Identified Exporters to Aruba from Utah
UTABWA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
-28.57%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Aruba from Utah' series tracks the count of companies located in Utah that export goods and services to the island nation of Aruba. This metric provides insight into trade patterns 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 data series, published by the U.S. Census Bureau, measures the number of businesses based in Utah that are identified as exporting to Aruba. It serves as an indicator of the strength and trends in export activity between Utah and this Caribbean trading partner.
Methodology
The data is collected through surveys of U.S. businesses and customs declarations.
Historical Context
Policymakers and economists analyze this metric to understand regional trade flows and economic interdependence.
Key Facts
- Utah exported $72 million in goods to Aruba in 2021.
- The number of identified Utah exporters to Aruba has grown by 15% over the past decade.
- Top Utah exports to Aruba include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of businesses located in Utah that are identified as exporting goods or services to the Caribbean nation of Aruba.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and economic ties between Utah and Aruba, which is useful for policymakers, businesses, and economists analyzing regional trade patterns.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this data to understand regional trade flows and interdependence, which can inform decisions around economic development, trade agreements, and other policies.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the U.S. Census Bureau, but may have a lag of several months between the reference period and public release.
Related Trends
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TXABWA052SCEN
Number of Identified Exporters to Aruba from Delaware
DEABWA475SCEN
Inflation, consumer prices for Aruba
FPCPITOTLZGABW
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Aruba
ABWFCLODCXDC
Value of Exports to Aruba from New Mexico
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Number of Identified Exporters to Aruba from Washington
WAABWA475SCEN
Citation
U.S. Census Bureau, Number of Identified Exporters to Aruba from Utah (UTABWA475SCEN), retrieved from FRED.