Value of Exports to Singapore from Pennsylvania
PASGPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
543,154,915.00
Year-over-Year Change
29.99%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Singapore from Pennsylvania' series measures the total value of goods and services exported from the state of Pennsylvania to Singapore over time. This metric is an important 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 represents the monetary value of all products and services shipped from Pennsylvania businesses and producers to customers and buyers in Singapore. It is a key statistic for tracking the strength of the trade relationship between the state and the Southeast Asian nation.
Methodology
The data is collected and compiled by the U.S. Census Bureau through surveys of Pennsylvania exporters.
Historical Context
This export value statistic is closely monitored by policymakers, trade analysts, and economists to assess the health of the Pennsylvania-Singapore trade corridor.
Key Facts
- Pennsylvania is a major exporter to Singapore, one of the United States' top trading partners in Asia.
- Exports to Singapore account for a significant share of Pennsylvania's total international trade volume.
- Trade with Singapore supports thousands of jobs in Pennsylvania's manufacturing, agriculture, and services sectors.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total monetary value of all goods and services exported from the state of Pennsylvania to customers and buyers in Singapore.
Q: Why is this trend relevant for users or analysts?
A: The value of Pennsylvania's exports to Singapore is an important metric for evaluating the state's trade relationship and economic integration with a key Asia-Pacific partner.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Pennsylvania exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts monitor this export data to assess the health of the Pennsylvania-Singapore trade corridor and inform economic and trade policy decisions.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data due to the time required for the Census Bureau to collect and process the information from exporters.
Related Trends
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QSGHAMUSDA
Population, Total for Singapore
POPTOTSGA647NWDB
U.S. Exports of Goods by F.A.S. Basis to Singapore
EXP5590
Number of Identified Exporters to Singapore from Florida
FLSGPA475SCEN
Number of Identified Exporters to Singapore from Puerto Rico
PRSGPA475SCEN
Bank Lending Deposit Spread for Singapore
DDEI02SGA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Singapore from Pennsylvania (PASGPA052SCEN), retrieved from FRED.