Number of Identified Exporters to Brazil from New York
NYBRAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,267.00
Year-over-Year Change
-4.95%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Brazil from New York' trend measures the count of New York-based companies that export goods and services to Brazil. This metric provides insight into trade flows and economic ties 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 data series tracks the number of New York-based firms that are identified as exporting to Brazil. It serves as an indicator of the strength and composition of trade linkages between the state's economy and the Brazilian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Policymakers and analysts use this trend to assess New York's export dynamics and competitiveness in the Brazilian market.
Key Facts
- New York is the 3rd largest exporting state in the U.S.
- Brazil is New York's 10th largest export destination.
- The number of identified New York exporters to Brazil has grown by 25% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies based in New York that are identified as exporting goods or services to Brazil.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade and economic linkages between New York and Brazil, which is an important market for the state's exporters.
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: Policymakers and analysts use this trend to assess New York's export competitiveness and the strength of its economic ties with Brazil.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag, so it may not reflect the most recent trade conditions.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Brazil from New York (NYBRAA475SCEN), retrieved from FRED.