Number of Identified Exporters to Philippines from Pennsylvania
PAPHLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
423.00
Year-over-Year Change
20.17%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters based in Pennsylvania that ship goods to the Philippines. Understanding export dynamics is crucial for policymakers and economists analyzing trade flows and international business 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 Philippines from Pennsylvania tracks the count of companies located in Pennsylvania that export products to the Philippines. This metric provides insight into the scale and trends of Pennsylvania's trade relationship with the Philippines.
Methodology
The data is collected through surveys and administrative records on international trade transactions.
Historical Context
Policymakers and analysts use this trend to assess Pennsylvania's export competitiveness and integration with key Asian markets.
Key Facts
- Pennsylvania exported over $500 million in goods to the Philippines in 2021.
- The number of identified Pennsylvania exporters to the Philippines has grown by 25% since 2015.
- Top Philippine exports from Pennsylvania include machinery, chemicals, and food products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies located in Pennsylvania that export goods to the Philippines. It provides insight into the scale and dynamics of Pennsylvania's trade relationship with the Philippines.
Q: Why is this trend relevant for users or analysts?
A: Understanding export activity and trade flows is crucial for policymakers and economists analyzing regional economic performance and international business dynamics.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records on international trade transactions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Pennsylvania's export competitiveness and integration with key Asian markets like the Philippines.
Q: Are there update delays or limitations?
A: There can be a several month lag in data availability due to the time required for trade transaction reporting and compilation.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Philippines from Pennsylvania (PAPHLA475SCEN), retrieved from FRED.