Number of Identified Exporters to Philippines from Delaware
DEPHLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.00
Year-over-Year Change
27.27%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to the Philippines from the U.S. state of Delaware. It provides insights into the state's trade dynamics and export-driven economic activity.
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 Philippines from Delaware metric tracks companies located in Delaware that sell goods or services to customers in the Philippines. This data is used by economists and policymakers to assess Delaware's export competitiveness and integration into global supply chains.
Methodology
The data is collected through customs and trade reporting by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding Delaware's trade relationships and economic performance in relation to the Philippines market.
Key Facts
- Delaware exported over $200 million in goods to the Philippines in 2021.
- The number of identified Delaware exporters to the Philippines has grown by 25% since 2015.
- The Philippines is Delaware's 10th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies located in the U.S. state of Delaware that are identified as exporting goods or services to the Philippines market.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Delaware's export competitiveness and trade integration with the Philippines, which is an important economic and geopolitical partner for the United States.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs and trade reporting.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to assess Delaware's export performance and trade dynamics, which can inform decisions around economic development, trade agreements, and support for local 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. Additionally, the data only captures officially reported exporter information and may not include all small or informal businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Philippines from Delaware (DEPHLA475SCEN), retrieved from FRED.