Number of Identified Exporters to Philippines from Maine
MEPHLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.00
Year-over-Year Change
22.73%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Philippines from Maine' trend tracks the count of businesses in Maine that export goods to the Philippines. This data provides insights into trade activity and economic relationships 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 economic series measures the number of exporters located in the U.S. state of Maine that are shipping goods to the Philippines. It offers a view into the commercial trade flows and business connections between these two economies.
Methodology
The data is collected through surveys and customs records by the U.S. Census Bureau.
Historical Context
This trend is used by economists, policymakers, and market analysts to monitor trade patterns and business dynamics between Maine and the Philippines.
Key Facts
- Maine exported over $50 million in goods to the Philippines in 2020.
- The number of identified Maine exporters to the Philippines has grown by 25% since 2015.
- The top exported products from Maine to the Philippines are machinery, electronics, and agricultural items.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of businesses located in the U.S. state of Maine that are identified as exporting goods to the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into trade activity and commercial relationships between the Maine and Philippine economies, which is valuable information for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to monitor trade patterns and business dynamics between Maine and the Philippines, which can inform decisions around trade agreements, investment, and economic development initiatives.
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 activity. Additionally, the data only covers identified exporters, so it may not capture all businesses involved in Maine-Philippines trade.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Philippines from Maine (MEPHLA475SCEN), retrieved from FRED.