Number of Identified Exporters to Philippines from Arkansas
ARPHLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.00
Year-over-Year Change
10.87%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Philippines from Arkansas' series tracks the count of businesses based in Arkansas that are exporting goods to the Philippines. This metric provides insight into trade dynamics 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 measures the number of unique Arkansas-based companies that have reported exporting products or services to the Philippines in a given time period. It serves as an indicator of trade activity and economic integration between the state of Arkansas and the Philippines.
Methodology
The data is collected through business surveys and customs reporting.
Historical Context
Policymakers and trade analysts use this metric to monitor commercial relationships and identify opportunities for economic growth.
Key Facts
- Arkansas exported over $250 million in goods to the Philippines in 2021.
- The number of identified Arkansas exporters to the Philippines has grown by 15% since 2015.
- Food products and machinery are the top export categories from Arkansas to the Philippines.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of unique businesses based in Arkansas that have reported exporting goods or services to the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into trade dynamics and economic integration between Arkansas and the Philippines, which is useful for policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through business surveys and customs reporting.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor commercial relationships and identify opportunities for economic growth between Arkansas and the Philippines.
Q: Are there update delays or limitations?
A: There may be delays in reporting or limitations in capturing all exporting businesses, but the data still provides a valuable indicator of trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Philippines from Arkansas (ARPHLA475SCEN), retrieved from FRED.