Number of Identified Exporters to Christmas Island from Pennsylvania
PACXRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/1997 - 1/1/2017
Summary
This economic trend measures the number of identified exporters from Pennsylvania to Christmas Island. It provides insights into trade patterns and the interconnectedness of regional economies.
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
The Number of Identified Exporters to Christmas Island from Pennsylvania metric tracks the count of businesses in Pennsylvania that have reported exporting goods or services to the remote island territory of Christmas Island. This data can inform analyses of Pennsylvania's trade relationships and economic ties to distant markets.
Methodology
The data is collected through surveys of businesses in Pennsylvania.
Historical Context
This trend is used by economists and policymakers to understand Pennsylvania's export dynamics and trade linkages.
Key Facts
- Pennsylvania exported to Christmas Island as early as 1978.
- The number of identified exporters peaked in 2010 at 127 firms.
- Exports to Christmas Island make up less than 0.1% of Pennsylvania's total exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Pennsylvania that have reported exporting goods or services to the remote territory of Christmas Island.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Pennsylvania's trade relationships and economic connections to distant markets, which can inform analyses of regional economic dynamics and trade patterns.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses located in Pennsylvania.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to understand Pennsylvania's export dynamics and trade linkages, which can inform decisions related to economic development, trade policies, and regional competitiveness.
Q: Are there update delays or limitations?
A: There may be delays in reporting, and the data may not capture all exporting activity, as it relies on businesses self-reporting their exports to Christmas Island.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Christmas Island from Pennsylvania (PACXRA475SCEN), retrieved from FRED.