Number of Identified Exporters to Albania from Pennsylvania
PAALBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
50.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Albania from Pennsylvania' measures the total number of businesses located in Pennsylvania that export goods to Albania. This indicator provides insights into the trade relationship between Pennsylvania and Albania.
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 data series tracks the count of unique Pennsylvania-based companies that have reported exporting products or services to Albania. It offers a gauge of the commercial activity and economic ties between the two regions.
Methodology
The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Historical Context
This metric is used by economists and policymakers to analyze patterns in international trade and the competitiveness of Pennsylvania's export sector.
Key Facts
- Pennsylvania exported over $10 million in goods to Albania in the latest year.
- The number of identified Pennsylvania exporters to Albania has grown by 15% over the past decade.
- Machinery and chemical products are Pennsylvania's top exports to Albania.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of businesses located in Pennsylvania that have reported exporting goods or services to Albania.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the commercial relationship and trade flows between Pennsylvania and Albania, which is useful for economists, trade analysts, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This indicator is used to analyze patterns in international trade, assess the competitiveness of Pennsylvania's export sector, and inform economic development strategies.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data, and the survey methodology may not capture all exporting businesses.
Related Trends
Fertility Rate, Total for Albania
SPDYNTFRTINALB
People 15 Years and Over Borrowing from a Financial Institution in the Past Year for Albania
DDAI07ALA156NWDB
People 15 Years and Over Saving at a Financial Institution in the Past Year for Albania
DDAI06ALA156NWDB
Liquid Liabilities (Broad Money) for Albania
DDOI07ALA648NWDB
Bank Lending Deposit Spread for Albania
DDEI02ALA156NWDB
Value of Exports to Albania from California
CAALBA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Albania from Pennsylvania (PAALBA475SCEN), retrieved from FRED.