Value of Exports to Japan from Utah
UTJPNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
506,738,482.00
Year-over-Year Change
-2.77%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Japan from Utah' series measures the dollar value of goods and services exported from the state of Utah to Japan, a key trading partner.
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 metric provides insight into the economic relationship between Utah and Japan, tracking the flow of trade and commercial activity. It is an important indicator for policymakers and businesses analyzing regional export trends.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.
Historical Context
Monitoring Utah's exports to Japan can inform decisions around international trade policy, business investment, and economic development strategies.
Key Facts
- Utah exported over $700 million in goods to Japan in 2021.
- Japan is Utah's 4th largest export destination globally.
- Aerospace products are Utah's top export category to Japan.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Japan from Utah' series tracks the dollar value of goods and services exported from the state of Utah to Japan.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship between Utah and a key trading partner, Japan, which can inform business and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.
Q: How is this trend used in economic policy?
A: Monitoring Utah's exports to Japan can inform decisions around international trade policy, business investment, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a 2-3 month reporting lag.
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Citation
U.S. Federal Reserve, Value of Exports to Japan from Utah (UTJPNA052SCEN), retrieved from FRED.