Number of Identified Exporters to Philippines from Louisiana
LAPHLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76.00
Year-over-Year Change
52.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Philippines from Louisiana' tracks the count of companies located in Louisiana that export goods to the Philippines. This metric provides insight into the trade relationship between Louisiana and the Philippines.
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 measures the number of unique Louisiana-based businesses that have reported exporting products to the Philippines. It serves as an indicator of the scale and breadth of trade activity between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Historical Context
Policymakers and trade analysts use this metric to assess trends in Louisiana's export economy and commercial ties with the Philippines.
Key Facts
- Louisiana exported $1.2 billion worth of goods to the Philippines in 2021.
- The number of Louisiana exporters to the Philippines has increased by 24% since 2015.
- Top Louisiana exports to the Philippines include chemical products, machinery, and agricultural commodities.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of companies located in Louisiana that report exporting goods to the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the scale and trends of Louisiana's trade relationship with the Philippines, which is an important economic partner.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess and monitor Louisiana's export economy and commercial ties with the Philippines.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric only captures formal, identified exporters rather than all trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Philippines from Louisiana (LAPHLA475SCEN), retrieved from FRED.