Value of Exports to Pitcairn from Texas

TXPCNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

124,650.00

Year-over-Year Change

-90.78%

Date Range

1/1/2002 - 1/1/2008

Summary

The 'Value of Exports to Pitcairn from Texas' economic trend measures the dollar value of goods and services exported from the U.S. state of Texas to the remote Pacific island of Pitcairn. This metric provides insight into trade flows and economic activity between the two locations.

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 total value of merchandise and services exported from Texas to Pitcairn, which is an overseas territory of the United Kingdom. The data is collected and published by the U.S. Census Bureau as part of their reporting on state-level international trade statistics.

Methodology

The data is calculated based on surveys of exporting businesses and customs declarations.

Historical Context

This trend is used by economists and policymakers to analyze regional trade patterns and the economic relationship between Texas and Pitcairn.

Key Facts

  • Texas is the largest exporting state in the U.S.
  • Pitcairn has a population of just over 50 people.
  • Exports to Pitcairn account for a negligible fraction of total Texas exports.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total dollar value of goods and services exported from the U.S. state of Texas to the remote Pacific island of Pitcairn.

Q: Why is this trend relevant for users or analysts?

A: This data provides insight into trade flows and economic activity between Texas and Pitcairn, which can be useful for economists and policymakers analyzing regional trade patterns.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Census Bureau based on surveys of exporting businesses and customs declarations.

Q: How is this trend used in economic policy?

A: This trend is used by economists and policymakers to analyze the economic relationship between Texas and Pitcairn, as well as broader regional trade dynamics.

Q: Are there update delays or limitations?

A: There may be delays in reporting due to the small scale of trade between Texas and Pitcairn, and the data may be subject to revisions over time.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Pitcairn from Texas (TXPCNA052SCEN), retrieved from FRED.