Number of Identified Exporters to Singapore from Massachusetts
MASGPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
925.00
Year-over-Year Change
8.19%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Singapore from Massachusetts' series tracks the count of Massachusetts businesses that export goods to Singapore, providing insights into the state's trade relationships.
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 number of unique Massachusetts companies identified as exporting products to Singapore. It offers valuable data on the scale and trends of the state's export activity to this key Southeast Asian market.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This metric is useful for policymakers and business analysts to monitor Massachusetts' export performance and trade dynamics with Singapore.
Key Facts
- Massachusetts exported over $1 billion in goods to Singapore in 2021.
- The number of identified Massachusetts exporters to Singapore has grown by 25% since 2015.
- Singapore is Massachusetts' 10th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique Massachusetts businesses identified as exporting goods to Singapore, providing insights into the state's trade relationships.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for policymakers and business analysts to monitor Massachusetts' export performance and trade dynamics with a key Southeast Asian market.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric can inform trade policy decisions and help businesses identify export opportunities to Singapore from Massachusetts.
Q: Are there update delays or limitations?
A: The data may have a 6-12 month reporting lag, and only captures formally identified exporters, not all businesses trading with Singapore.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Singapore from Massachusetts (MASGPA475SCEN), retrieved from FRED.