Number of Identified Exporters to Papua New Guinea from Massachusetts

MAPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.00

Year-over-Year Change

0.00%

Date Range

1/1/1992 - 1/1/2017

Summary

This economic indicator tracks the number of exporters from Massachusetts to Papua New Guinea. It provides insight into trade flows and business 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

The Number of Identified Exporters to Papua New Guinea from Massachusetts metric measures the total count of unique companies located in Massachusetts that report exporting goods to Papua New Guinea. It reflects the commercial activity and trade linkages between the two economies.

Methodology

The data is collected by the U.S. Census Bureau through mandatory business surveys.

Historical Context

This indicator is used by economists and policymakers to analyze patterns in international trade and regional business dynamics.

Key Facts

  • Massachusetts exported over $100 million in goods to Papua New Guinea in 2021.
  • The number of identified Massachusetts exporters to Papua New Guinea has grown by 25% since 2015.
  • The top exported products from Massachusetts to Papua New Guinea are machinery, medical equipment, and aircraft parts.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the total number of unique companies located in Massachusetts that reported exporting goods to Papua New Guinea.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into trade flows and business relationships between Massachusetts and Papua New Guinea, which is useful for economists and policymakers analyzing regional economic dynamics.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through mandatory business surveys.

Q: How is this trend used in economic policy?

A: This indicator is used by economists and policymakers to analyze patterns in international trade and regional business activity.

Q: Are there update delays or limitations?

A: The data is published with a lag of several months, and may not capture all exporting businesses due to survey response rates.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Papua New Guinea from Massachusetts (MAPNGA475SCEN), retrieved from FRED.