Number of Identified Exporters to Bangladesh from New York
NYBGDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142.00
Year-over-Year Change
54.35%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Bangladesh from New York' metric tracks the volume of exporting businesses located in New York that ship goods to Bangladesh. This data provides insights into trade flows and the strength of 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 measures the number of unique New York-based companies that have been identified as exporting products to Bangladesh. It serves as an indicator of the level of trade and commercial activity between the state of New York and the Bangladeshi market.
Methodology
The data is collected through surveys and customs records by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this metric to assess trends in U.S. export activity and the health of trade partnerships.
Key Facts
- New York is a major exporting hub for the United States.
- Bangladesh is an emerging market with growing trade ties to the U.S.
- The number of identified exporters can fluctuate based on economic conditions.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique businesses located in New York that have been identified as exporting goods to Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between New York and Bangladesh, which is important for understanding broader U.S. export activity and economic partnerships.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess trends in U.S. export activity and the health of trade partnerships with countries like Bangladesh.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in capturing all exporting businesses, but the series provides a valuable indicator of trade flows.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Bangladesh from New York (NYBGDA475SCEN), retrieved from FRED.