Number of Identified Exporters to Guinea from New York
NYGINA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93.00
Year-over-Year Change
675.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Guinea from New York' series tracks the total number of unique businesses located in New York that export goods to Guinea. This metric provides insight into the trade relationship 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 represents the count of distinct companies based in New York that have reported exporting products or services to Guinea. It serves as an indicator of the scale and connectivity of commercial ties between the two economies.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Trends in this series are monitored by policymakers and trade analysts to understand the dynamics of U.S. export markets.
Key Facts
- New York is a major U.S. exporting hub.
- Guinea is a developing economy in West Africa.
- Trade data can signal broader economic trends.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of unique businesses located in New York that report exporting goods to Guinea.
Q: Why is this trend relevant for users or analysts?
A: Trends in this data provide insight into the scale and connectivity of trade between the U.S. and Guinea, which is relevant for policymakers and economists analyzing commercial relationships.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts monitor this series to understand dynamics in U.S. export markets and the economic relationship between the two regions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential limitations in capturing all exporting firms, as participation in the surveys is voluntary.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Guinea from New York (NYGINA475SCEN), retrieved from FRED.