Value of Exports to Philippines from New York
NYPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128,488,881.00
Year-over-Year Change
-46.81%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Philippines from New York' series measures the total value of goods exported from the state of New York to the Philippines. This metric is important for economists and policymakers to track regional trade flows and the strength of bilateral economic relationships.
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 economic indicator provides insights into the scale and composition of New York's exports to the Philippines, a key trading partner. Analyzing trends in this data can help inform trade policy, identify growth opportunities, and assess the state's export competitiveness.
Methodology
The data is collected by the U.S. Census Bureau through customs records and surveys of exporting businesses.
Historical Context
Policymakers and market analysts use this metric to evaluate the health of New York's export sector and its integration with the global economy.
Key Facts
- New York is one of the top exporting states in the U.S.
- The Philippines is a fast-growing Southeast Asian economy.
- Exports support thousands of jobs in New York's manufacturing and services sectors.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of goods exported from the state of New York to the Philippines on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: Monitoring New York's exports to the Philippines is important for understanding regional trade dynamics, identifying growth opportunities, and assessing the state's export competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs records and surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to evaluate the health of New York's export sector and its integration with the global economy.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag and may be subject to revisions by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Philippines from New York (NYPHLA052SCEN), retrieved from FRED.