Value of Exports to Philippines from Indiana
INPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80,737,287.00
Year-over-Year Change
200.93%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Philippines from Indiana' series measures the dollar value of goods and services exported from the state of Indiana to the Philippines over time. This metric is important for economists and policymakers to understand Indiana's trade dynamics and competitiveness in global markets.
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 represents the total value of exports originating from Indiana and destined for the Philippines. It is a key measure of the trade relationship between the two regions and can provide insights into the flow of goods, services, and economic activity.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state export series.
Historical Context
Trends in this metric are monitored by government agencies, industry groups, and economists to assess the health of Indiana's export economy and its commercial ties with the Philippines.
Key Facts
- Indiana is a major exporting state, with over $37 billion in total exports annually.
- The Philippines is one of Indiana's top export destinations in Asia.
- Exports to the Philippines account for approximately 2% of Indiana's total international trade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the state of Indiana to the Philippines over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Indiana and the Philippines, which is important for understanding Indiana's export economy and competitiveness in global markets.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state export series.
Q: How is this trend used in economic policy?
A: Trends in this metric are monitored by government agencies, industry groups, and economists to assess the health of Indiana's export economy and its commercial ties with the Philippines.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but may be subject to revisions and can have a lag of several months.
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Citation
U.S. Federal Reserve, Value of Exports to Philippines from Indiana (INPHLA052SCEN), retrieved from FRED.