Value of Exports to Italy from Pennsylvania
PAITAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
548,235,635.00
Year-over-Year Change
47.91%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic indicator tracks the total value of exports from the state of Pennsylvania to Italy. It provides insights into the trade relationship between Pennsylvania 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
The Value of Exports to Italy from Pennsylvania measure represents the dollar value of goods and services exported from the state of Pennsylvania to Italy. This data point is used by economists and policymakers to understand the trade dynamics between the two economies and the importance of the Italy market for Pennsylvania's exporters.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Trends in this export value can inform trade policy decisions and economic development strategies in Pennsylvania.
Key Facts
- Pennsylvania is one of the top exporting states in the U.S.
- Italy is the 7th largest export destination for Pennsylvania goods and services.
- Exports to Italy account for over 3% of Pennsylvania's total international trade.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total dollar value of goods and services exported from the state of Pennsylvania to Italy.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Pennsylvania's export value to Italy provides insights into the trade relationship between the two economies and the importance of the Italian market for the state's exporters.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Trends in this export value can inform trade policy decisions and economic development strategies in Pennsylvania.
Q: Are there update delays or limitations?
A: The data is subject to the typical time lags associated with government statistical reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Italy from Pennsylvania (PAITAA052SCEN), retrieved from FRED.