Number of Identified Exporters to Saudi Arabia from Pennsylvania
PASAUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
633.00
Year-over-Year Change
35.84%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters from the U.S. state of Pennsylvania that export goods to Saudi Arabia. It provides insights into the trade dynamics between Pennsylvania and this important Middle Eastern market.
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 Saudi Arabia from Pennsylvania trend tracks the count of unique Pennsylvania-based companies that report exporting to Saudi Arabia. This data is used by economists and policymakers to analyze trade patterns and the degree of economic integration between the two regions.
Methodology
The data is collected through mandatory reporting by U.S. companies engaged in international trade.
Historical Context
This metric offers valuable context for understanding Pennsylvania's export performance and its economic ties with Saudi Arabia.
Key Facts
- Pennsylvania is a major U.S. exporting state.
- Saudi Arabia is an important trade partner for the U.S.
- Exporting supports economic growth and job creation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique Pennsylvania-based companies that report exporting goods to Saudi Arabia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade dynamics between Pennsylvania and Saudi Arabia, which is valuable for understanding regional economic integration and export performance.
Q: How is this data collected or calculated?
A: The data is collected through mandatory reporting by U.S. companies engaged in international trade.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze trade patterns and inform decisions related to economic development, trade agreements, and export promotion programs.
Q: Are there update delays or limitations?
A: The data is subject to reporting lags, and may not capture all exporters due to the voluntary nature of the reporting process.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Saudi Arabia from Pennsylvania (PASAUA475SCEN), retrieved from FRED.