Number of Identified Exporters to Nicaragua from New York
NYNICA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
177.00
Year-over-Year Change
115.85%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Nicaragua from New York' measures the count of U.S. companies that export goods from New York to Nicaragua. This metric provides insights into 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 series tracks the number of unique businesses located in New York that have reported exporting products to Nicaragua. It serves as an indicator of the level of commercial activity and economic integration between the two markets.
Methodology
The data is collected by the U.S. Census Bureau through mandatory reporting by exporters.
Historical Context
Policymakers and trade analysts use this metric to monitor changes in bilateral trade flows and the evolving commercial relationship between the U.S. and Nicaragua.
Key Facts
- The series has been tracked since 1997.
- New York is a major U.S. exporting hub to Latin America.
- Exporter counts can signal changing trade dynamics.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique businesses located in New York that have reported exporting products to Nicaragua.
Q: Why is this trend relevant for users or analysts?
A: The exporter count provides insights into the level of commercial activity and economic integration between the U.S. and Nicaragua markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory reporting by exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor changes in bilateral trade flows and the evolving commercial relationship between the U.S. and Nicaragua.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a typical 1-2 month lag in availability.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Nicaragua from New York (NYNICA475SCEN), retrieved from FRED.