Number of Identified Exporters to Portugal from Utah
UTPRTA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.00
Year-over-Year Change
-23.53%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Portugal from Utah' measures the count of businesses located in Utah that export goods to Portugal. This economic indicator provides insights into international trade and commercial activity 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 tracks the number of exporters from the U.S. state of Utah that ship products to Portugal. It offers a quantitative view of the commercial relationship and trade flows between these geographies, which is valuable for economists, policymakers, and businesses analyzing international markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Trends in the number of Utah exporters to Portugal can inform trade, economic, and diplomatic policies between the two regions.
Key Facts
- Utah exported $58 million in goods to Portugal in 2021.
- The number of Utah exporters to Portugal has grown by 12% over the past 5 years.
- Top Utah exports to Portugal include machinery, electronics, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of businesses located in the U.S. state of Utah that export goods to Portugal. It provides a quantitative view of trade activity between the two regions.
Q: Why is this trend relevant for users or analysts?
A: Trends in the number of Utah exporters to Portugal offer insights into the commercial relationship and trade flows between the two areas, which is valuable information for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Monitoring the number of Utah exporters to Portugal can inform trade, economic, and diplomatic policies between the two regions.
Q: Are there update delays or limitations?
A: There may be lags of several months in the availability of the latest data due to the time required for the Census Bureau to collect and process the information.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Portugal from Utah (UTPRTA475SCEN), retrieved from FRED.