Number of Identified Exporters to Andorra from New York
NYANDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
20.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Andorra from New York metric tracks the count of unique businesses located in New York that export goods to Andorra. This provides insight into economic ties and trade 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
This series measures the number of distinct enterprises based in New York that have reported exporting products or services to Andorra. It offers a proxy for the commercial and economic relationship between the two locations.
Methodology
The data is collected through business surveys and customs declarations.
Historical Context
Economists and policymakers use this metric to assess the strength of trade flows and commercial integration between New York and Andorra.
Key Facts
- New York is a major center of economic activity in the United States.
- Andorra is a small country located in the Pyrenees mountains of Europe.
- Tracking exporter counts provides insight into the commercial ties between regions.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique businesses located in New York that have reported exporting goods or services to Andorra.
Q: Why is this trend relevant for users or analysts?
A: This data point offers insight into the economic and trade relationship between New York and Andorra, which is valuable for understanding regional economic dynamics.
Q: How is this data collected or calculated?
A: The data is collected through business surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the strength of trade flows and commercial integration between the two regions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric may not capture all exporting activity, especially for smaller or informal businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Andorra from New York (NYANDA475SCEN), retrieved from FRED.