Number of Identified Exporters to Costa Rica from New York
NYCRIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
616.00
Year-over-Year Change
58.76%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic indicator tracks the number of exporters from New York state that sell goods to Costa Rica. It provides insights into trade flows and business 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
The Number of Identified Exporters to Costa Rica from New York measure represents the count of unique businesses located in New York that have exported products to Costa Rica. This metric is useful for analyzing trade dynamics and commercial relationships between the state and the Latin American nation.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and international trade analysts use this indicator to monitor the health of commercial ties between New York and Costa Rica.
Key Facts
- New York is the 2nd largest exporting state in the U.S.
- Costa Rica is the 34th largest trading partner for the United States.
- Exports account for over 10% of New York's gross state product.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of unique businesses located in New York state that have exported products to Costa Rica.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health of trade flows and commercial relationships between New York and Costa Rica, which is useful for policymakers and international trade analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and international trade analysts use this indicator to monitor the strength of commercial ties between New York and Costa Rica, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: There may be delays in data availability due to the time required for the Census Bureau to collect and process the survey information.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Costa Rica from New York (NYCRIA475SCEN), retrieved from FRED.