Number of Identified Exporters to Singapore from Utah
UTSGPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
281.00
Year-over-Year Change
53.55%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Singapore from Utah' series tracks the count of businesses located in Utah that export goods to Singapore. This metric provides insights into the trade relationship between Utah and one of its key international markets.
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, published by the U.S. Census Bureau, measures the number of distinct Utah-based companies that have reported exporting products or services to Singapore. It serves as an indicator of the commercial activity and trade flows between the state and the Southeast Asian nation.
Methodology
The data is collected through mandatory exporter surveys and declarations filed with the U.S. government.
Historical Context
Policymakers and trade analysts use this metric to monitor the health and growth of Utah's export economy and its economic ties with Singapore.
Key Facts
- Utah exported over $400 million worth of goods to Singapore in 2021.
- The number of identified Utah exporters to Singapore has grown by 25% since 2015.
- Singapore is Utah's 5th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of distinct Utah-based businesses that have reported exporting goods or services to Singapore.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Utah and one of its key international markets, which is valuable for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through mandatory exporter surveys and declarations filed with the U.S. government.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the health and growth of Utah's export economy and its economic ties with Singapore.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the end of the reporting period.
Related Trends
Total Credit to Households and NPISHs, Adjusted for Breaks, for Singapore
QSGHAMUSDA
Number of Identified Exporters to Singapore from North Carolina
NCSGPA475SCEN
Gross Portfolio Equity Liabilities to GDP for Singapore
DDDM08SGA156NWDB
Number of Identified Exporters to Singapore from Connecticut
CTSGPA475SCEN
Value of Exports to Singapore from New Jersey
NJSGPA052SCEN
Credit to Private Non-Financial Sector by Banks, Adjusted for Breaks, for Singapore
QSGPBMUSDA
Citation
U.S. Census Bureau, Number of Identified Exporters to Singapore from Utah (UTSGPA475SCEN), retrieved from FRED.