Number of Identified Exporters to Colombia from New York
NYCOLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
822.00
Year-over-Year Change
31.94%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Colombia from New York' trend measures the count of businesses located in New York that export to Colombia. This metric provides insight into U.S. trade flows and the competitiveness of New York-based exporters in the Colombian market.
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 number of unique exporting enterprises based in New York that sell goods or services to Colombia. It offers a window into the commercial relationships and trade patterns between these two economies, which is useful for policymakers, market analysts, and businesses.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers use this trend to evaluate the effectiveness of trade agreements and promotion programs, while firms analyze it to identify market opportunities and assess competitive dynamics.
Key Facts
- New York is a major U.S. exporting hub.
- Colombia is a key trade partner for the United States.
- Exporting supports economic growth and job creation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in New York that export goods or services to Colombia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into U.S. trade flows and the competitiveness of New York-based exporters in the Colombian market, which is useful for policymakers, market analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to evaluate the effectiveness of trade agreements and promotion programs.
Q: Are there update delays or limitations?
A: The data may have a short delay in reporting and may not capture all exporting activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Colombia from New York (NYCOLA475SCEN), retrieved from FRED.