Value of Exports to Lao People's Democratic Republic from Pennsylvania
PALAOA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,529,771.00
Year-over-Year Change
4752.35%
Date Range
1/1/2006 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Pennsylvania to the Lao People's Democratic Republic. Understanding trade patterns between U.S. states and foreign countries is crucial for policymakers and economists assessing regional economic performance.
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 Lao People's Democratic Republic from Pennsylvania metric tracks the dollar value of goods and services shipped from Pennsylvania to the Lao PDR market. This data provides insights into the trade relationship between a specific U.S. state and a foreign nation, which can inform analysis of state-level economic conditions and international commerce.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
Economists and policymakers use this metric to monitor trade dynamics and identify opportunities or challenges for Pennsylvania exporters.
Key Facts
- Pennsylvania is a major U.S. exporting state.
- Lao PDR is a growing Southeast Asian market.
- Export values can fluctuate due to economic conditions.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the dollar value of goods and services exported from the U.S. state of Pennsylvania to the Lao People's Democratic Republic.
Q: Why is this trend relevant for users or analysts?
A: Understanding state-level export patterns provides insights into regional economic performance and trade relationships that are valuable for policymakers and economists.
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: Economists and policymakers use this metric to monitor trade dynamics and identify opportunities or challenges for Pennsylvania exporters.
Q: Are there update delays or limitations?
A: The data may be subject to update delays and revisions common to economic statistics collected through surveys.
Related Trends
U.S. Imports of Goods by Customs Basis from Laos
IMP5530
Bank Deposits to GDP for Lao People's Democratic Republic
DDOI02LAA156NWDB
Use of Financial Services: Number of Loan Accounts at Credit Unions and Financial Cooperatives for Lao People's Democratic Republic
LAOFCNODUNUM
Liquid Assets to Deposits and Short Term Funding for Lao People's Democratic Republic
DDSI06LAA156NWDB
Constant GDP per capita for the Lao People's Democratic Republic
NYGDPPCAPKDLAO
Financial System Deposits to GDP for Lao People's Democratic Republic
DDDI08LAA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Lao People's Democratic Republic from Pennsylvania (PALAOA052SCEN), retrieved from FRED.