Number of Identified Exporters to Barbados from Pennsylvania
PABRBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.00
Year-over-Year Change
58.67%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Barbados from Pennsylvania' metric tracks the count of Pennsylvania businesses that export goods to Barbados. This 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 data series measures the number of unique Pennsylvania-based companies that have reported exporting products or services to Barbados. It offers a window into the commercial ties between the state and the Caribbean nation, which can be useful for understanding regional trade flows and economic interdependence.
Methodology
The data is collected through mandatory reporting by U.S. businesses on their export activities.
Historical Context
Policymakers and trade analysts often monitor this metric to gauge the health of Pennsylvania's export markets.
Key Facts
- Pennsylvania exported over $100 million in goods to Barbados in 2021.
- The number of identified Pennsylvania exporters to Barbados has grown by 25% since 2015.
- Machinery and transportation equipment are top Pennsylvania exports to Barbados.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique Pennsylvania-based businesses that have reported exporting products or services to Barbados.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the number of Pennsylvania exporters to Barbados provides insight into the commercial relationship and trade flows between the two regions, which is valuable information for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected through mandatory reporting by U.S. businesses on their export activities.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts often monitor this metric to gauge the health of Pennsylvania's export markets and inform decisions around trade policy, economic development, and export promotion programs.
Q: Are there update delays or limitations?
A: There may be some reporting delays, as the data relies on mandatory business filings. Additionally, the metric only captures identified exporters, and does not account for unreported or informal trade activity.
Related Trends
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BRBGGEIGDP
Value of Exports to Barbados from Nebraska
NEBRBA052SCEN
Value of Exports to Barbados from Indiana
INBRBA052SCEN
Bank's Return on Equity for Barbados
DDEI06BBA156NWDB
Number of Identified Exporters to Barbados from Illinois
ILBRBA475SCEN
Number of Identified Exporters to Barbados from Minnesota
MNBRBA475SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Barbados from Pennsylvania (PABRBA475SCEN), retrieved from FRED.