Value of Exports to Senegal from Pennsylvania
PASENA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,589,689.00
Year-over-Year Change
24.25%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Senegal from Pennsylvania' series measures the dollar value of goods exported from the U.S. state of Pennsylvania to the West African nation of Senegal. This metric provides insight into Pennsylvania's international trade and economic ties with Senegal.
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 economic indicator tracks the monetary value of physical merchandise shipped from Pennsylvania to Senegal. It represents an important component of Pennsylvania's export economy and can be used to analyze trade flows, economic relationships, and market opportunities between the two regions.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
Policymakers and businesses use this series to monitor Pennsylvania's export activity and identify growth or decline in trade with Senegal.
Key Facts
- Pennsylvania is the 6th largest exporting state in the U.S.
- Senegal is a major trading partner for Pennsylvania in West Africa.
- Exports to Senegal account for approximately 2% of Pennsylvania's total exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the dollar value of physical goods exported from the U.S. state of Pennsylvania to the country of Senegal.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Pennsylvania's international trade relationships and can be used to analyze economic ties, market opportunities, and the state's export activity.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this series to monitor Pennsylvania's export economy and identify growth or decline in trade with Senegal.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-3 month lag.
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Citation
U.S. Federal Reserve, Value of Exports to Senegal from Pennsylvania (PASENA052SCEN), retrieved from FRED.