Value of Exports to Australia from New York
NYAUSA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
658,361,585.00
Year-over-Year Change
31.03%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Australia from New York' series tracks the total value of goods and services exported from the state of New York to Australia. This metric is a key indicator of trade and economic 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 economic trend measures the value of exports, including both goods and services, originating from the state of New York and destined for Australia. It provides insight into the trade relationship and commercial ties between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other economic entities.
Historical Context
Policymakers and analysts use this metric to assess the strength of New York's export market and its commercial links with Australia.
Key Facts
- New York is a major exporting hub for the United States.
- Australia is an important trading partner for many U.S. states, including New York.
- The value of exports from New York to Australia has fluctuated over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the state of New York to Australia, providing insight into the trade relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding the strength of New York's export market and its commercial ties with Australia, which is an important trading partner for many U.S. states.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other economic entities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the trade relationship between New York and Australia, which can inform decisions related to international commerce, tariffs, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the U.S. Census Bureau, and there may be some delays in reporting the most recent figures.
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Production: Construction: Total for Australia
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Citation
U.S. Federal Reserve, Value of Exports to Australia from New York (NYAUSA052SCEN), retrieved from FRED.