Number of Identified Exporters to Papua New Guinea from Maine

MEPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.00

Year-over-Year Change

-33.33%

Date Range

1/1/1997 - 1/1/2016

Summary

This economic trend measures the number of identified exporters from the U.S. state of Maine to Papua New Guinea. It provides insights into trade patterns and commercial activity 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

The Number of Identified Exporters to Papua New Guinea from Maine series tracks the count of businesses located in Maine that reported exporting goods to Papua New Guinea. This metric can indicate the level of economic integration and trade flows between the two geographic areas.

Methodology

The data is collected through business surveys and customs records by the U.S. Census Bureau.

Historical Context

Analysts and policymakers use this trend to evaluate the trade relationship between Maine and Papua New Guinea.

Key Facts

  • Maine exported $X.XX million in goods to Papua New Guinea in 20XX.
  • The number of identified Maine exporters to Papua New Guinea has increased/decreased by X% over the past Y years.
  • Papua New Guinea ranks Zth among Maine's top export destinations.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses located in the U.S. state of Maine that reported exporting goods to Papua New Guinea.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the trade relationship and level of economic integration between Maine and Papua New Guinea, which can be useful for policymakers and market analysts.

Q: How is this data collected or calculated?

A: The data is collected through business surveys and customs records by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Analysts and policymakers use this trend to evaluate the trade relationship between Maine and Papua New Guinea, which can inform decisions related to international commerce, economic development, and trade agreements.

Q: Are there update delays or limitations?

A: There may be delays of several months in the availability of the latest data, and the series may not capture all exporters due to survey coverage limitations.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Papua New Guinea from Maine (MEPNGA475SCEN), retrieved from FRED.