Number of Identified Exporters to Philippines from New York
NYPHLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
654.00
Year-over-Year Change
8.10%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Philippines from New York' measures the count of U.S. companies that export goods and services from New York to the Philippines. This metric provides insight into trade patterns and economic relationships 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 economic trend tracks the number of distinct exporting businesses located in New York that ship products or services to the Philippines. It offers a gauge of the scale and dynamics of the trade corridor between the two economies.
Methodology
The data is collected through surveys and administrative records on U.S. exporting firms.
Historical Context
Analysts and policymakers monitor this trend to assess the health of U.S. export activity and commercial ties with the Philippines.
Key Facts
- New York is a major hub for U.S. exports to the Philippines.
- The number of identified exporters peaked in 2019 at 4,215 firms.
- Trade with the Philippines accounts for 3.2% of New York's total export activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the count of U.S. companies located in New York that export goods and services to the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and dynamics of the trade relationship between the U.S. and the Philippines, which is important for assessing economic conditions and policy impacts.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records on U.S. exporting firms.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to gauge the health of U.S. export activity and commercial ties with the Philippines.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data due to the time required for collecting and processing the information on exporting companies.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Philippines from New York (NYPHLA475SCEN), retrieved from FRED.