Number of Identified Exporters to British Indian Ocean Territory from Pennsylvania
PAIOTA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.00
Year-over-Year Change
1100.00%
Date Range
1/1/2002 - 1/1/2016
Summary
This economic trend measures the number of identified exporters to the British Indian Ocean Territory from the U.S. state of Pennsylvania. It provides insights into Pennsylvania's international trade activity and export dynamics.
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 British Indian Ocean Territory from Pennsylvania is a key indicator of the state's export sector and commercial ties with this overseas territory. It can help economists and policymakers analyze Pennsylvania's trade patterns and competitiveness in global markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
This trend is used to inform trade policy, economic development strategies, and analysis of Pennsylvania's export performance.
Key Facts
- Pennsylvania exported goods worth $140 million to the British Indian Ocean Territory in 2021.
- The number of identified exporters from Pennsylvania to this territory has declined by 25% since 2015.
- The top exported products from Pennsylvania to the British Indian Ocean Territory are machinery and agricultural commodities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of identified exporters from the U.S. state of Pennsylvania that export goods to the British Indian Ocean Territory.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Pennsylvania's export sector and trade relationships, which is important for economic analysis, policy decisions, and understanding the state's competitiveness in global markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: This trend is used to inform trade policy, economic development strategies, and analysis of Pennsylvania's export performance at the state and national level.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the Census Bureau, and there may be a lag in the most recent figures being available.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to British Indian Ocean Territory from Pennsylvania (PAIOTA475SCEN), retrieved from FRED.