Number of Identified Exporters to Dominica from Pennsylvania
PADMAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.00
Year-over-Year Change
71.43%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Dominica from Pennsylvania' trend measures the count of businesses in Pennsylvania that export goods to the Caribbean island nation of Dominica. This metric provides insight into the trade relationship between the U.S. state and the foreign market.
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 tracks the number of exporters located in Pennsylvania that sell products to customers in Dominica. It offers a window into the commercial activity and economic ties between the two regions, which can be useful for policymakers, trade analysts, and businesses evaluating export opportunities.
Methodology
The data is collected by the U.S. Census Bureau through surveys of domestic firms engaged in international trade.
Historical Context
Trends in the number of Pennsylvanian exporters to Dominica can indicate changes in trade dynamics and commercial relationships that may be relevant for economic and trade policy decisions.
Key Facts
- Pennsylvania is a major exporter to the Caribbean region.
- Dominica is a relatively small trading partner for the state.
- The number of identified exporters has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Pennsylvania that are identified as exporting goods to the Caribbean island nation of Dominica.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of Pennsylvania exporters to Dominica provides insight into the trade relationship between the two regions, which can be useful for policymakers, trade analysts, and businesses evaluating export opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of domestic firms engaged in international trade.
Q: How is this trend used in economic policy?
A: Trends in the number of Pennsylvanian exporters to Dominica can indicate changes in trade dynamics and commercial relationships that may be relevant for economic and trade policy decisions.
Q: Are there update delays or limitations?
A: The data may have some delays in reporting due to the survey-based collection process, and the metric only captures a subset of total trade activity between the two regions.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Dominica from Pennsylvania (PADMAA475SCEN), retrieved from FRED.