Value of Exports to Romania from Pennsylvania
PAROUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34,599,236.00
Year-over-Year Change
180.45%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend tracks the value of exports from the U.S. state of Pennsylvania to Romania. It provides insights into trade patterns and the commercial relationship 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
The Value of Exports to Romania from Pennsylvania metric measures the dollar value of goods and services exported from Pennsylvania to Romania over a given time period. It is an important indicator of economic activity and commercial ties between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.
Historical Context
Policymakers and economists use this trend to analyze the state of Pennsylvania's export economy and trade dynamics with Romania.
Key Facts
- Pennsylvania is a major exporting state in the U.S.
- Romania is an emerging market in Eastern Europe.
- Exports support economic growth and job creation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods and services exported from the U.S. state of Pennsylvania to Romania over a given time period.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the commercial relationship and trade flows between Pennsylvania and Romania, which is useful for policymakers, businesses, and economists analyzing regional economic dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the state of Pennsylvania's export economy and trade relationship with Romania, which can inform decisions around trade agreements, economic development, and foreign policy.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and publication due to the time required for collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Romania from Pennsylvania (PAROUA052SCEN), retrieved from FRED.