Number of Identified Exporters to Dominican Republic from Puerto Rico
PRDOMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
352.00
Year-over-Year Change
8.31%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters from Puerto Rico to the Dominican Republic. It provides insights into trade flows and economic activity between these 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
The Number of Identified Exporters to Dominican Republic from Puerto Rico trend tracks the count of unique businesses or entities that export goods from Puerto Rico to the Dominican Republic. This data point is useful for analyzing trade patterns, supply chain dynamics, and economic integration between the two territories.
Methodology
The data is collected by the U.S. Census Bureau through surveys and administrative records.
Historical Context
This metric is closely watched by policymakers, trade analysts, and businesses to understand the state of economic relations between Puerto Rico and the Dominican Republic.
Key Facts
- Puerto Rico and the Dominican Republic are major trade partners.
- The number of exporters has increased by 15% over the past 5 years.
- Manufacturing and agricultural goods make up the majority of exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses or entities that export goods from Puerto Rico to the Dominican Republic.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into trade flows, supply chain dynamics, and economic integration between Puerto Rico and the Dominican Republic, which are important 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 and administrative records.
Q: How is this trend used in economic policy?
A: This metric is closely watched by policymakers, trade analysts, and businesses to understand the state of economic relations between Puerto Rico and the Dominican Republic, which can inform trade agreements, investment decisions, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Dominican Republic from Puerto Rico (PRDOMA475SCEN), retrieved from FRED.