Value of Exports to Panama from New York
NYPANA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73,614,127.00
Year-over-Year Change
-6.74%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Panama from New York' trend measures the total value of goods and services exported from the New York region to Panama. This metric is important for understanding trade flows and regional economic activity.
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 dollar value of exports originating from the New York customs district that are destined for Panama. It provides insight into the trade relationship between the New York economy and the Panamanian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
This export data is used by economists and policymakers to analyze regional trade dynamics and the competitiveness of U.S. exporters.
Key Facts
- New York is a major exporting hub for the United States.
- Panama serves as an important trading partner and logistics hub for the Americas.
- Exports from New York to Panama have fluctuated over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the New York region to the country of Panama.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship between the New York economy and the Panamanian market, which is useful for understanding regional economic activity and trade dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: This export data is used by economists and policymakers to analyze regional trade flows and the competitiveness of U.S. exporters.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to Panama from New York (NYPANA052SCEN), retrieved from FRED.