Number of Identified Exporters to Spain from Virginia
VAESPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
261.00
Year-over-Year Change
1.16%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Spain from Virginia' measures the count of businesses located in Virginia that export goods to Spain. This economic indicator provides insights into the trade relationship between Virginia and Spain.
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 in Virginia that sell products to the Spanish market. It offers a view into the scale and trends of Virginia's exporting activity to one of its key international trade partners.
Methodology
The data is collected through customs and trade reporting by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to assess the health and dynamics of Virginia's export economy.
Key Facts
- Virginia is one of the top exporting states in the U.S.
- Spain is Virginia's 7th largest export destination globally.
- Exports support over 600,000 jobs across Virginia.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in Virginia that export goods to Spain. It provides insight into the scale and trends of Virginia's trade relationship with Spain.
Q: Why is this trend relevant for users or analysts?
A: This data is valuable for policymakers, trade organizations, and businesses to assess the health and dynamics of Virginia's export economy, particularly its commercial ties with the Spanish market.
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: Economists and policymakers utilize this metric to monitor the performance and outlook of Virginia's export sector, which is a crucial driver of the state's economic growth and employment.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but may have a short lag time due to the collection and reporting process.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Spain from Virginia (VAESPA475SCEN), retrieved from FRED.