Value of Exports to Philippines from South Carolina
SCPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52,046,559.00
Year-over-Year Change
64.86%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Philippines from South Carolina' trend measures the total value of goods exported from South Carolina to the Philippines. This provides insight into trade flows and economic activity between the two regions.
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 dollar value of merchandise exports from the state of South Carolina to the Philippines. It is an important indicator of the trade relationship and commercial ties between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Historical Context
This metric is used by economists, trade analysts, and policymakers to monitor the strength of South Carolina's export sector and its Philippines trade relationship.
Key Facts
- South Carolina is a major exporter to the Philippines.
- Exports to the Philippines support thousands of jobs in South Carolina.
- Trade with the Philippines has grown significantly in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and merchandise exported from the state of South Carolina to the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial ties between South Carolina and the Philippines, which is important for understanding regional economic activity and growth.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Q: How is this trend used in economic policy?
A: Economists, trade analysts, and policymakers use this metric to monitor the strength of South Carolina's export sector and its relationship with the Philippines market.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, so there may be some delay in reflecting the latest trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Philippines from South Carolina (SCPHLA052SCEN), retrieved from FRED.