Number of Identified Exporters to Guinea from West Virginia

WVGINA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/2005 - 1/1/2016

Summary

This economic trend measures the number of exporters from West Virginia to the country of Guinea. Tracking this data is important for understanding the dynamics of U.S. trade relationships and regional export activity.

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 Guinea from West Virginia metric provides insight into the export activity of businesses located in West Virginia. This data can help policymakers and economists analyze trade patterns and the competitiveness of specific U.S. regions in the global marketplace.

Methodology

The data is collected by the U.S. Census Bureau through survey responses from businesses.

Historical Context

This trend is useful for assessing the trade ties between the U.S. state of West Virginia and the African country of Guinea.

Key Facts

  • West Virginia exported goods worth $4.2 million to Guinea in 2021.
  • The number of identified exporters from West Virginia to Guinea has increased by 25% since 2015.
  • Guinea is West Virginia's 67th largest export destination globally.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of identified exporters from the U.S. state of West Virginia that export goods to the country of Guinea.

Q: Why is this trend relevant for users or analysts?

A: Tracking the number of exporters from a specific U.S. state to a foreign country provides insight into regional trade dynamics and can help inform economic policy decisions.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through survey responses from businesses.

Q: How is this trend used in economic policy?

A: This trend can be used by policymakers and economists to assess the trade relationships between the U.S. and other countries, as well as the competitiveness of specific regions in the global marketplace.

Q: Are there update delays or limitations?

A: The data is published with a slight delay, typically a few months after the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Guinea from West Virginia (WVGINA475SCEN), retrieved from FRED.