Number of Identified Exporters to El Salvador from New York
NYSLVA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
364.00
Year-over-Year Change
63.23%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to El Salvador from the state of New York. It provides insight into the trade dynamics between New York and El Salvador.
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 El Salvador from New York' series tracks the count of unique businesses located in New York that export goods to El Salvador. This data offers visibility into the commercial relationships and trade flows between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
This metric can be used to analyze changes in trade patterns and the competitiveness of New York businesses in the Salvadoran market.
Key Facts
- New York is a major exporting state, with over $100 billion in goods exports annually.
- El Salvador is an important trade partner for the United States, with over $3 billion in two-way trade.
- Tracking exporter counts can reveal shifts in market access and competitive dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in New York that export goods to El Salvador. It provides insight into trade flows and commercial relationships between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric offers visibility into changes in trade patterns and the competitiveness of New York businesses in the Salvadoran market, which can inform economic policy and business strategy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Policymakers and economists can use this data to analyze trade dynamics and the impacts of policies on the export competitiveness of businesses in New York and their access to the Salvadoran market.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the data only captures identified exporters, which may not represent the full universe of trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to El Salvador from New York (NYSLVA475SCEN), retrieved from FRED.