Number of Identified Exporters to Congo from New York
NYCOGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.00
Year-over-Year Change
20.00%
Date Range
1/1/1992 - 1/1/2016
Summary
The Number of Identified Exporters to Congo from New York measures the volume of commercial activity between New York and the Democratic Republic of the Congo. This metric is useful for analyzing trade patterns 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 distinct business entities located in New York that have reported exporting goods or services to the Democratic Republic of the Congo. It provides insight into the scale and dynamics of the economic relationship between the two markets.
Methodology
The data is collected through mandatory business reporting requirements and surveys by the U.S. government.
Historical Context
Policymakers and market analysts use this information to assess the health of commercial links between the United States and Central Africa.
Key Facts
- New York is a major hub for exports to the Democratic Republic of the Congo.
- Exporter counts have fluctuated significantly over the past decade.
- Trade with Congo represents a small but important part of New York's overall export activity.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of unique businesses located in New York that have reported exporting goods or services to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and dynamics of the economic relationship between New York and Central Africa, which is useful for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through mandatory business reporting requirements and surveys conducted by the U.S. government.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this information to assess the health of commercial links between the United States and the Democratic Republic of the Congo.
Q: Are there update delays or limitations?
A: There may be lags in reporting and potential undercounting of smaller exporters, but this remains a valuable indicator of New York's trade with Congo.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Congo from New York (NYCOGA475SCEN), retrieved from FRED.