Number of Identified Exporters to Philippines from Puerto Rico
PRPHLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
-47.37%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Philippines from Puerto Rico' series tracks the count of companies that export goods from Puerto Rico to the Philippines. This metric provides insight into the commercial trade 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
This series, published by the U.S. Census Bureau, measures the number of unique businesses located in Puerto Rico that export merchandise to the Philippines. It offers an indicator of the level of economic activity and trade flows between the two territories.
Methodology
The data is collected through mandatory business surveys and customs records.
Historical Context
Economists and policymakers use this trend to assess the health of Puerto Rico's export sector and its integration with key international markets.
Key Facts
- Puerto Rico is a U.S. territory located in the Caribbean Sea.
- The Philippines is an archipelago country in Southeast Asia.
- Trade between Puerto Rico and the Philippines has grown in recent decades.
FAQs
Q: What does this economic trend measure?
A: This series measures the number of businesses located in Puerto Rico that export goods to the Philippines. It provides insight into the trade relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric offers valuable information about the health and dynamics of Puerto Rico's export sector, which is an important driver of its economy. It also signals the strength of commercial ties between Puerto Rico and the Philippines.
Q: How is this data collected or calculated?
A: The data is collected through mandatory business surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this trend to assess the export performance of Puerto Rico and the territory's economic integration with key international markets, which can inform trade and development policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the series may not capture all exporters due to survey response rates or data collection limitations.
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Citation
U.S. Census Bureau, Number of Identified Exporters to Philippines from Puerto Rico (PRPHLA475SCEN), retrieved from FRED.