Number of Identified Exporters to Papua New Guinea from Florida
FLPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.00
Year-over-Year Change
164.29%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of exporters based in Florida that have identified business dealings with Papua New Guinea. It provides insights into trade patterns and commercial relationships between the U.S. state of Florida and the Pacific island nation.
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 Papua New Guinea from Florida series tracks companies headquartered in Florida that report exporting goods or services to Papua New Guinea. This data can help policymakers and economists assess the strength of commercial ties between the two regions.
Methodology
The data is collected through surveys of U.S. companies by the U.S. Census Bureau.
Historical Context
This metric is used by trade analysts and economic development organizations to monitor Florida's export activity and commercial engagement with emerging markets.
Key Facts
- Florida is the 4th largest exporting state in the U.S.
- Papua New Guinea is a developing economy in the South Pacific region.
- Export data can indicate economic growth and global competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies headquartered in Florida that report exporting goods or services to Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This data can provide insights into the trade and commercial relationships between Florida and Papua New Guinea, which is useful for policymakers, economists, and business analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. companies conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is used by trade analysts and economic development organizations to monitor Florida's export activity and commercial engagement with emerging markets like Papua New Guinea.
Q: Are there update delays or limitations?
A: There may be delays in data reporting or limitations in company survey responses that can affect the completeness of this economic indicator.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Papua New Guinea from Florida (FLPNGA475SCEN), retrieved from FRED.