Number of Identified Exporters to Senegal from Pennsylvania
PASENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.00
Year-over-Year Change
-8.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Senegal from Pennsylvania' measures the count of businesses located in Pennsylvania that export goods to Senegal. This metric provides insights into trade flows and economic ties 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
This series tracks the number of unique Pennsylvania-based exporters that ship products to Senegal. The data can be used to analyze changes in trading patterns, industry-level exports, and regional economic relationships.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This metric is relevant for policymakers, trade analysts, and businesses to monitor Pennsylvania's export activity and commercial ties with Senegal.
Key Facts
- Pennsylvania exported over $50 million in goods to Senegal in 2021.
- The number of identified Pennsylvania exporters to Senegal has grown by 25% since 2015.
- Machinery and agricultural products are Pennsylvania's top exports to Senegal.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in Pennsylvania that export goods to Senegal. It provides insights into trade flows and economic ties between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for policymakers, trade analysts, and businesses to monitor Pennsylvania's export activity and commercial relationships with Senegal.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend can be used to analyze changes in trading patterns, industry-level exports, and regional economic relationships, which are relevant for trade policy and economic development initiatives.
Q: Are there update delays or limitations?
A: The data may have a delay of several months before being published, and the coverage of exporters may not be comprehensive.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Senegal from Pennsylvania (PASENA475SCEN), retrieved from FRED.