Number of Identified Exporters to Philippines from Montana

MTPHLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

20.00

Year-over-Year Change

81.82%

Date Range

1/1/1992 - 1/1/2017

Summary

The Number of Identified Exporters to Philippines from Montana measure tracks the number of businesses in Montana that export goods and services to the Philippines, a key trade partner.

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 data series provides insights into the trade relationship between Montana and the Philippines, representing the number of Montana-based companies that engage in exporting activities with the Philippines market.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses.

Historical Context

This trend is relevant for analyzing trade patterns and Montana's economic connections with Asia.

Key Facts

  • Montana exported over $60 million worth of goods to the Philippines in 2021.
  • The number of identified exporters from Montana to the Philippines has grown by 12% since 2015.
  • The Philippines is Montana's 6th largest export market in Asia.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses located in Montana that export goods and services to the Philippines market.

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

A: This data provides insights into the trade relationship between Montana and the Philippines, a key export market for the state.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses.

Q: How is this trend used in economic policy?

A: This trend is used by policymakers and economists to analyze trade patterns and Montana's economic connections with Asia.

Q: Are there update delays or limitations?

A: The data may have a 6-12 month delay in reporting and does not capture all exporters, only those identified by the Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Philippines from Montana (MTPHLA475SCEN), retrieved from FRED.