Number of Identified Exporters to Philippines from Kentucky
KYPHLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.00
Year-over-Year Change
40.63%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Philippines from Kentucky' measures the count of businesses based in Kentucky that export goods and services to the Philippines market. This metric provides insights into trade patterns and economic ties between the two regions.
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 series tracks the number of unique Kentucky-based companies that have reported exporting to the Philippines. It serves as an indicator of the scale and diversity of trade relationships between the two economies.
Methodology
The data is collected through surveys of businesses by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to monitor the health of Kentucky's export sector and its engagement with the Philippine market.
Key Facts
- Kentucky exported over $280 million in goods to the Philippines in 2021.
- The number of identified Kentucky exporters to the Philippines has grown by 12% since 2015.
- The Philippines is Kentucky's 7th largest export destination in Asia.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique businesses based in Kentucky that export goods or services to the Philippines market.
Q: Why is this trend relevant for users or analysts?
A: The number of Kentucky exporters to the Philippines provides insights into the scale and diversity of trade relationships between the two economies, which is useful for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the health of Kentucky's export sector and its engagement with the Philippine market.
Q: Are there update delays or limitations?
A: The data may have a lag of several months before being published due to the survey collection process.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Philippines from Kentucky (KYPHLA475SCEN), retrieved from FRED.