Number of Identified Exporters to Dominica from Washington
WADMAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
14.29%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to Dominica from the state of Washington. Understanding export patterns is crucial for policymakers analyzing trade flows and economic relationships.
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 Dominica from Washington tracks the count of companies that have reported exporting goods from Washington to the Caribbean island nation of Dominica. This metric provides insight into the commercial ties and trade dynamics between the two regions.
Methodology
The data is collected through surveys of U.S. businesses and customs records.
Historical Context
Exporters data is used by economists and trade analysts to assess market access, competitiveness, and the health of international commerce.
Key Facts
- Washington is the 13th largest exporting state in the U.S.
- Dominica relies on imports to meet over 80% of its food and consumer needs.
- The number of identified exporters from Washington to Dominica has declined by 7% since 2015.
FAQs
Q: What does this economic trend measure?
A: This trend measures the count of companies based in Washington state that have reported exporting goods to the Caribbean nation of Dominica.
Q: Why is this trend relevant for users or analysts?
A: Exporters data provides valuable insight into trade relationships and economic connections between regions, which is crucial information for policymakers, businesses, and economic researchers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and customs records.
Q: How is this trend used in economic policy?
A: Exporters data is used by economists and trade analysts to assess market access, competitiveness, and the health of international commerce, which informs economic policymaking.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the survey-based methodology can have limitations in capturing all exporting activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Dominica from Washington (WADMAA475SCEN), retrieved from FRED.