Number of Identified Exporters to Philippines from Iowa
IAPHLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.00
Year-over-Year Change
46.34%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Philippines from Iowa' measures the number of businesses in Iowa that export goods to the Philippines. This trend provides insights into trade activity and economic relationships 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 count of unique exporting enterprises located in Iowa that ship goods to the Philippines. It serves as an indicator of the level of economic and commercial ties between the state of Iowa and the Philippines.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Policymakers and trade analysts monitor this metric to assess the trade dynamics and commercial integration between Iowa and the Philippines.
Key Facts
- Iowa exported over $400 million in goods to the Philippines in 2020.
- The number of identified Iowa exporters to the Philippines has grown by 20% since 2015.
- The top exported products from Iowa to the Philippines are agricultural commodities and machinery.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in the U.S. state of Iowa that export goods to the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and economic integration between Iowa and the Philippines, which is important for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporting enterprises.
Q: How is this trend used in economic policy?
A: Governments and trade organizations monitor this metric to assess the state of commercial ties and identify opportunities to grow exports between Iowa and the Philippines.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may not capture all exporting enterprises due to survey response rates.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Philippines from Iowa (IAPHLA475SCEN), retrieved from FRED.