Number of Identified Exporters to Panama from Nevada
NVPANA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.00
Year-over-Year Change
105.88%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Panama from Nevada' metric tracks the count of companies located in Nevada that export goods or services to Panama. This data provides insights into trade patterns 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 measures the number of businesses headquartered in Nevada that have been identified as exporting to Panama. It serves as an indicator of the scale and trends in trade activity between Nevada and this key Latin American market.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to assess the export competitiveness of Nevada businesses and monitor the health of economic ties between the state and Panama.
Key Facts
- Nevada exported $305 million in goods to Panama in 2021.
- The number of identified Nevada exporters to Panama has grown by 12% since 2015.
- Panama is Nevada's 6th largest export market in Latin America.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses headquartered in Nevada that have been identified as exporting goods or services to Panama.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the scale and trends of trade activity between Nevada and the Panamanian market, which is an important economic indicator for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the export competitiveness of Nevada businesses and monitor the health of economic ties between the state and Panama.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may not capture all exporters, especially smaller businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Panama from Nevada (NVPANA475SCEN), retrieved from FRED.