Number of Identified Exporters to Philippines from Colorado
COPHLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149.00
Year-over-Year Change
28.45%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Philippines from Colorado measures the total number of companies located in Colorado that are exporting goods to the Philippines. This trend provides insights into the trade relationship and commercial activity between Colorado and the Philippines.
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 economic indicator tracks the volume of exporting activity from Colorado businesses to the Philippines. It is used by economists and policymakers to analyze trade patterns, understand the competitiveness of Colorado exporters, and identify potential areas for export promotion or trade policy adjustments.
Methodology
The data is collected by the U.S. Census Bureau through surveys of companies engaged in international trade.
Historical Context
This trend is relevant for understanding Colorado's export performance and its economic integration with the Philippines market.
Key Facts
- Colorado is a major exporting state, accounting for over $13 billion in exports annually.
- The Philippines is an important trading partner for Colorado, ranking among the top 20 destinations for the state's exports.
- The number of Colorado companies exporting to the Philippines has grown by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of companies located in Colorado that are exporting goods to the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the trade relationship and commercial activity between Colorado and the Philippines, which is useful for economists and policymakers analyzing export performance and regional economic integration.
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 relevant for understanding Colorado's export performance and its economic integration with the Philippines market, which can inform trade policy, export promotion programs, and strategies to support the competitiveness of Colorado businesses.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so it may not reflect the most recent trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Philippines from Colorado (COPHLA475SCEN), retrieved from FRED.