Number of Identified Exporters to Luxembourg from Pennsylvania
PALUXA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.00
Year-over-Year Change
47.83%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Luxembourg from Pennsylvania tracks the total number of Pennsylvania businesses that export goods to Luxembourg, a key economic indicator for trade and economic activity.
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 provides insights into the trade relationship between Pennsylvania and Luxembourg, showcasing the number of Pennsylvania-based companies engaged in exporting activities. It is a valuable metric for understanding the broader economic connections and trade flows between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
This trend is used by economists, policymakers, and businesses to monitor Pennsylvania's export activities and trade dynamics with Luxembourg.
Key Facts
- Pennsylvania is a major exporting state in the U.S.
- Luxembourg is a significant trading partner for Pennsylvania businesses.
- Exporting activities contribute to economic growth and job creation in Pennsylvania.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of Pennsylvania-based businesses that export goods to Luxembourg, providing insights into the trade relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding Pennsylvania's export activities and the broader economic connections between the state and Luxembourg, a key indicator for trade and economic growth.
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 by economists, policymakers, and businesses to monitor and analyze trade dynamics between Pennsylvania and Luxembourg, informing economic policies and business strategies.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the U.S. Census Bureau, and there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Luxembourg from Pennsylvania (PALUXA475SCEN), retrieved from FRED.