Number of Identified Exporters to Papua New Guinea from Texas

TXPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

72.00

Year-over-Year Change

28.57%

Date Range

1/1/1992 - 1/1/2017

Summary

The Number of Identified Exporters to Papua New Guinea from Texas measures the total number of unique Texas-based companies that export goods to Papua New Guinea. 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 tracks the count of individual exporters located in Texas that sell products or services to Papua New Guinea. It serves as an indicator of the commercial and economic ties between the state of Texas and the Pacific island nation.

Methodology

The data is collected by the U.S. Census Bureau through surveys of companies engaged in international trade.

Historical Context

This metric is used by economists and policymakers to analyze trends in Texas-Papua New Guinea trade flows and commercial activity.

Key Facts

  • Texas is a major exporting state in the U.S.
  • Papua New Guinea is an emerging market in the Asia-Pacific region.
  • Trade between Texas and Papua New Guinea has grown in recent years.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of unique companies located in Texas that export goods or services to Papua New Guinea.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the commercial ties and trade relationship between Texas and Papua New Guinea, which is valuable information for economists, policymakers, and businesses.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of companies engaged in international trade.

Q: How is this trend used in economic policy?

A: This trend is used by economists and policymakers to analyze patterns and changes in the trade flows and commercial activity between Texas and Papua New Guinea, which can inform economic and trade policy decisions.

Q: Are there update delays or limitations?

A: There may be some delays in the availability of the most recent data, as it relies on survey responses from businesses.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Papua New Guinea from Texas (TXPNGA475SCEN), retrieved from FRED.