Number of Identified Exporters to Albania from New York
NYALBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.00
Year-over-Year Change
384.62%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Albania from New York measures the volume of trade activity between New York-based companies and Albania. This metric provides insights into the economic relationship 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 series tracks the total number of companies located in New York that have been identified as exporting goods or services to Albania. It serves as an indicator of the strength and growth of commercial ties between the two economies.
Methodology
The data is collected through surveys and administrative records on international trade transactions.
Historical Context
Policymakers and economists use this metric to assess trends in bilateral trade flows and the competitiveness of New York businesses in the Albanian market.
Key Facts
- The series began in 1997.
- New York is the largest exporter to Albania among U.S. states.
- Exports to Albania account for less than 1% of total New York exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the number of companies located in New York that have been identified as exporting goods or services to Albania.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the strength and growth of commercial ties between the New York and Albanian economies, which is useful for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records on international trade transactions.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess trends in bilateral trade flows and the competitiveness of New York businesses in the Albanian market.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags and may not capture all exporting activity due to the challenges of comprehensively tracking small and medium-sized enterprises.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Albania from New York (NYALBA475SCEN), retrieved from FRED.