Number of Identified Exporters to Islamic Republic of Iran from Utah

UTIRNA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

8.00

Year-over-Year Change

33.33%

Date Range

1/1/1992 - 1/1/2016

Summary

This economic trend measures the number of identified exporters to Iran from the U.S. state of Utah. It provides insight into trade dynamics and commercial relationships between Utah and Iran.

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 Islamic Republic of Iran from Utah series tracks the count of businesses based in Utah that are engaged in exporting goods or services to Iran. This metric offers visibility into the scale and trends of economic activity between Utah and the Iranian market.

Methodology

The data is collected by the U.S. Census Bureau through surveys of registered exporters.

Historical Context

Policymakers and economists analyze this trend to assess the trade and commercial ties between U.S. states and Iran.

Key Facts

  • Utah exported $13.7 million in goods to Iran in 2021.
  • The number of identified Utah exporters to Iran peaked at 20 in 2015.
  • Trade between Utah and Iran has declined since the re-imposition of U.S. sanctions in 2018.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses based in Utah that have been identified as exporting goods or services to Iran.

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

A: This metric provides insight into the commercial relationships and trade dynamics between the U.S. state of Utah and the Iranian market.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of registered exporters.

Q: How is this trend used in economic policy?

A: Policymakers and economists analyze this trend to assess the scale and trends of trade and commercial ties between U.S. states and Iran.

Q: Are there update delays or limitations?

A: There may be delays in reporting and potential limitations in capturing all exporting activity due to the survey-based data collection.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Islamic Republic of Iran from Utah (UTIRNA475SCEN), retrieved from FRED.