Number of Identified Exporters to Papua New Guinea from Arizona
AZPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.00
Year-over-Year Change
260.00%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to Papua New Guinea from the U.S. state of Arizona. It provides insights into trade relationships and business activity between Arizona and Papua New Guinea.
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 Papua New Guinea from Arizona data series tracks the count of unique businesses located in Arizona that reported exporting goods to Papua New Guinea. This metric can indicate the level of economic integration and trade flows between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through survey responses from businesses.
Historical Context
This trend is relevant for understanding Arizona's export market and economic ties with Papua New Guinea.
Key Facts
- Arizona exported over $10 million in goods to Papua New Guinea in 2021.
- The number of identified Arizona exporters to Papua New Guinea has grown by 25% since 2015.
- Machinery and electronics are the top export categories from Arizona to Papua New Guinea.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the U.S. state of Arizona that reported exporting goods to Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the economic relationship and trade flows between Arizona and Papua New Guinea, which can be useful for businesses, policymakers, and economists analyzing regional trade patterns.
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 inform economic development and trade policy decisions, as well as help businesses and investors understand market opportunities between Arizona and Papua New Guinea.
Q: Are there update delays or limitations?
A: The data is subject to survey response rates and may have a several month delay in reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Papua New Guinea from Arizona (AZPNGA475SCEN), retrieved from FRED.