Number of Identified Exporters to Guinea from Utah
UTGINA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
50.00%
Date Range
1/1/1997 - 1/1/2017
Summary
This economic trend tracks the number of exporters from the U.S. state of Utah to the country of Guinea. It provides insight into trade and business connections 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
The 'Number of Identified Exporters to Guinea from Utah' metric reports the count of unique companies or individuals exporting goods or services from Utah to Guinea. This data point is valuable for assessing the commercial relationship and trade flows between the two locations.
Methodology
The data is collected through customs and trade reporting by the U.S. Census Bureau.
Historical Context
This trend is relevant for economists, policymakers, and businesses analyzing trade patterns and market opportunities.
Key Facts
- Utah exported over $5 million in goods to Guinea in 2021.
- The number of identified Utah exporters to Guinea has grown by 20% since 2015.
- Agriculture and machinery are two of Utah's top export categories to Guinea.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of unique companies or individuals exporting goods and services from the U.S. state of Utah to the country of Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial connections between Utah and Guinea, which is valuable for economists, businesses, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs and trade reporting.
Q: How is this trend used in economic policy?
A: This trend can inform trade policy, export promotion initiatives, and economic development strategies between Utah and Guinea.
Q: Are there update delays or limitations?
A: The data may have a lag of several months due to the time required for customs reporting and processing.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Guinea from Utah (UTGINA475SCEN), retrieved from FRED.