Number of Identified Exporters to Singapore from Pennsylvania
PASGPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
969.00
Year-over-Year Change
9.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Singapore from Pennsylvania' metric tracks the count of Pennsylvania-based companies that export goods to Singapore. This provides insight into the trade relationship 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 series represents the number of unique business entities located in Pennsylvania that have been identified as directly exporting products or services to Singapore. It serves as an indicator of the level of economic integration and trade flows between the two areas.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and trade analysts use this metric to monitor the strength of Pennsylvania's export relationships.
Key Facts
- Pennsylvania exports to Singapore totaled $2.1 billion in 2021.
- The number of identified Pennsylvania exporters to Singapore has grown 12% over the past 5 years.
- Machinery, chemicals, and transportation equipment are Pennsylvania's top exports to Singapore.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique business entities located in Pennsylvania that have been identified as directly exporting products or services to Singapore.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the strength of the trade relationship between Pennsylvania and Singapore, which is useful for policymakers, businesses, and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the level of economic integration and trade flows between Pennsylvania and Singapore, which can inform decisions around trade agreements, investment, and economic development.
Q: Are there update delays or limitations?
A: The data is subject to the survey response rates and processing timelines of the U.S. Census Bureau, which can result in update delays of several months.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Singapore from Pennsylvania (PASGPA475SCEN), retrieved from FRED.