Value of Exports to Ireland from Pennsylvania
PAIRLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
195,850,893.00
Year-over-Year Change
-40.54%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Pennsylvania to Ireland. It provides insights into trade dynamics between the two 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 Value of Exports to Ireland from Pennsylvania metric tracks the total dollar value of goods and services exported from Pennsylvania to Ireland over a given time period. This data point is useful for analyzing Pennsylvania's trade relationship with Ireland and broader economic ties between the United States and Ireland.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and trade analysts use this metric to monitor the health of Pennsylvania-Ireland commercial relations.
Key Facts
- Pennsylvania is a major exporter to Ireland.
- Trade with Ireland supports thousands of jobs in Pennsylvania.
- Exports to Ireland account for a significant share of Pennsylvania's overall international trade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Pennsylvania to Ireland over a given time period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Pennsylvania and Ireland, which is important for understanding broader economic ties between the United States and Ireland.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the health of Pennsylvania-Ireland commercial relations and inform decisions related to trade policy.
Q: Are there update delays or limitations?
A: The data is subject to the timely reporting of export information by surveyed companies, which may result in occasional delays in data availability.
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Citation
U.S. Federal Reserve, Value of Exports to Ireland from Pennsylvania (PAIRLA052SCEN), retrieved from FRED.