Number of Identified Exporters to Philippines from Ohio
OHPHLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
454.00
Year-over-Year Change
17.92%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Philippines from Ohio' tracks the count of businesses based in Ohio that export goods to the Philippines. This metric provides insight into the trade relationship 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 measures the number of unique exporters located in the U.S. state of Ohio that ship products to the Philippines. It offers an indicator of the scale and dynamics of this commercial trade flow.
Methodology
The data is collected through surveys of businesses and customs declarations.
Historical Context
Policymakers and market analysts use this trend to monitor the health of Ohio's export economy and its commercial ties with the Philippines.
Key Facts
- Ohio exported over $1 billion in goods to the Philippines in 2021.
- The number of identified Ohio exporters to the Philippines has grown by 15% since 2015.
- Manufacturing accounts for over 60% of Ohio's exports to the Philippines.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the U.S. state of Ohio that export goods 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 Ohio and the Philippines, which is important for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through business surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the health of Ohio's export economy and its commercial ties with the Philippines.
Q: Are there update delays or limitations?
A: There may be delays in data reporting due to the survey-based methodology, and the metric may not capture all exporters, especially smaller businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Philippines from Ohio (OHPHLA475SCEN), retrieved from FRED.