Number of Identified Exporters to Papua New Guinea from Iowa
IAPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
50.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Papua New Guinea from Iowa' series tracks the count of unique businesses located in Iowa that reported exporting goods to Papua New Guinea. This provides insight into the trade dynamics between the state and this Pacific 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
This economic series measures the number of individual companies based in Iowa that reported exporting products or services to Papua New Guinea in a given year. It offers a perspective on the extent and trends of Iowa's direct trade engagement with this specific foreign market.
Methodology
The data is collected through mandatory exporter surveys and declarations filed with the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this series to assess Iowa's export performance and competitiveness in the Papua New Guinea market.
Key Facts
- Iowa is a major U.S. agricultural and manufacturing exporter.
- Papua New Guinea is a growing trade partner for many U.S. states.
- Export data offers insights into regional economic development.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of unique businesses located in Iowa that reported exporting goods to Papua New Guinea in a given year.
Q: Why is this trend relevant for users or analysts?
A: The data provides insight into the trade dynamics and engagement between Iowa and the Papua New Guinea market, which is relevant for policymakers and economists analyzing regional export performance.
Q: How is this data collected or calculated?
A: The data is collected through mandatory exporter surveys and declarations filed with the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to assess Iowa's export performance and competitiveness in the Papua New Guinea market, which can inform economic development strategies.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in capturing all exporting entities, as the survey is mandatory but not comprehensive.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Papua New Guinea from Iowa (IAPNGA475SCEN), retrieved from FRED.