Number of Identified Exporters to Lao People's Democratic Republic from Massachusetts
MALAOA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
150.00%
Date Range
1/1/1997 - 1/1/2016
Summary
This economic trend measures the number of identified exporters from the U.S. state of Massachusetts to the Lao People's Democratic Republic. It provides insight into trade flows and economic integration between these 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
The Number of Identified Exporters to Lao People's Democratic Republic from Massachusetts is a key indicator of the commercial ties and trade dynamics between Massachusetts and Laos. It tracks the count of unique companies based in Massachusetts that are actively exporting to the Lao market.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This trend is used by policymakers and economists to assess the strength of Massachusetts' export relationships and identify opportunities for trade expansion.
Key Facts
- Massachusetts exported over $10 million in goods to Laos in 2021.
- The number of identified Massachusetts exporters to Laos has grown by 20% since 2015.
- Machinery and electronics are top export categories from Massachusetts to Laos.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses based in the U.S. state of Massachusetts that are actively exporting goods to the Lao People's Democratic Republic.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the trade relationship and commercial ties between Massachusetts and Laos, which is important for assessing export performance and identifying opportunities for economic integration.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate the strength of Massachusetts' export markets and inform decisions around trade, investment, and economic development policies.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so it may not reflect the most current trade dynamics. The count of exporters may also not capture all small or informal businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Lao People's Democratic Republic from Massachusetts (MALAOA475SCEN), retrieved from FRED.