Number of Identified Exporters to India from Pennsylvania
PAINDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,170.00
Year-over-Year Change
46.62%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to India from Pennsylvania' series tracks the count of Pennsylvania-based companies that export goods to India. This metric is a key indicator of trade and economic activity 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 data series provides insights into the level of commercial engagement between Pennsylvania and India. It can be used to analyze trends in export-driven business and the strength of trade relationships between the state and this major global market.
Methodology
The data is collected through surveys and administrative records of companies registered as exporters.
Historical Context
Policymakers and trade analysts monitor this series to assess the health of Pennsylvania's export economy and guide decisions on trade policies and business support programs.
Key Facts
- Pennsylvania exported over $1.5 billion in goods to India in 2021.
- Aerospace and machinery are top export categories from Pennsylvania to India.
- Exporter counts have grown by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of companies based in Pennsylvania that are identified as actively exporting goods to India.
Q: Why is this trend relevant for users or analysts?
A: The exporter count is a key indicator of the level of trade and commercial engagement between Pennsylvania and the Indian market.
Q: How is this data collected or calculated?
A: The data is compiled through surveys and administrative records of registered exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts monitor this series to assess the health of Pennsylvania's export economy and guide decisions on trade policies and business support programs.
Q: Are there update delays or limitations?
A: The data may have a 6-12 month reporting lag, and only captures companies formally registered as exporters.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to India from Pennsylvania (PAINDA475SCEN), retrieved from FRED.