Number of Identified Exporters to Ethiopia from Pennsylvania
PAETHA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
11.11%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Ethiopia from Pennsylvania' series tracks the total count of businesses located in Pennsylvania that export goods to Ethiopia. This metric provides insight into trade flows 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 data series represents the number of unique Pennsylvania-based companies that have been identified as exporting products or services to Ethiopia. It serves as an indicator of the commercial ties and trade dynamics between the state and the East African nation.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This trend is used by economists, policymakers, and businesses to monitor changes in Pennsylvania's export activity and commercial engagement with the Ethiopian market.
Key Facts
- Pennsylvania is the 6th largest exporting state in the U.S.
- Ethiopia is one of the fastest-growing economies in Africa.
- Trade between Pennsylvania and Ethiopia has grown by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses located in Pennsylvania that have been identified as exporting goods or services to Ethiopia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial ties between Pennsylvania and Ethiopia, which is important for understanding regional economic dynamics.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to monitor changes in Pennsylvania's export activity and commercial engagement with the Ethiopian market, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series may not capture all exporting businesses due to limitations in data collection.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Ethiopia from Pennsylvania (PAETHA475SCEN), retrieved from FRED.