Number of Identified Exporters to Costa Rica from Utah
UTCRIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86.00
Year-over-Year Change
115.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Costa Rica from Utah' series tracks the count of businesses located in Utah that export goods to Costa Rica. This metric provides insight into trade dynamics and economic integration 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 number of Utah-based companies that have been identified as exporting products or services to Costa Rica. It serves as an indicator of the level of commercial activity and trade linkages between the state of Utah and the Costa Rican market.
Methodology
The data is collected through surveys and administrative records to identify Utah businesses engaged in exporting to Costa Rica.
Historical Context
Policymakers and trade analysts use this metric to monitor trends in Utah's export activity and commercial relationships with international markets like Costa Rica.
Key Facts
- Utah exported over $150 million in goods to Costa Rica in 2021.
- The number of identified Utah exporters to Costa Rica has grown by 25% since 2015.
- Top export categories from Utah to Costa Rica include machinery, chemicals, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses located in Utah that have been identified as exporting goods or services to Costa Rica.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade dynamics and commercial integration between the state of Utah and the Costa Rican market, which is useful for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records to identify Utah-based companies engaged in exporting to Costa Rica.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to monitor trends in Utah's export activity and commercial relationships with international markets like Costa Rica.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series may not capture all exporting activity from Utah to Costa Rica.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Costa Rica from Utah (UTCRIA475SCEN), retrieved from FRED.