Number of Identified Exporters to Philippines from Utah
UTPHLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.00
Year-over-Year Change
43.06%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Philippines from Utah' metric tracks the count of businesses in Utah that export goods to the Philippines. This measure provides insight into trade patterns 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 data series represents the total number of exporters located in the state of Utah that ship products to the Philippines. The trend can be used to analyze the extent of trade relationships and commercial activity between Utah businesses and the Philippine market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of firms engaged in international trade.
Historical Context
This export data is relevant for policymakers, trade analysts, and businesses seeking to understand economic connections between Utah and the Philippines.
Key Facts
- Utah exported $305 million in goods to the Philippines in 2021.
- The number of identified Utah exporters to the Philippines has increased by 12% over the past 5 years.
- Top Utah export categories to the Philippines include machinery, agricultural products, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of businesses located in Utah that export goods to the Philippines. It provides insight into trade patterns and economic ties between the two regions.
Q: Why is this trend relevant for users or analysts?
A: The data on Utah exporters to the Philippines is relevant for policymakers, trade analysts, and businesses seeking to understand the commercial relationships and economic connections between the two areas.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of firms engaged in international trade.
Q: How is this trend used in economic policy?
A: This export data can inform policymakers and trade organizations on the extent of economic ties between Utah and the Philippines, which may inform trade agreements, investment decisions, and economic development strategies.
Q: Are there update delays or limitations?
A: There may be lags of several months in the availability of the latest data due to the time required for firms to report their international trade activities.
Related Trends
Number of Identified Exporters to Philippines from Wyoming
WYPHLA475SCEN
Private Credit by Deposit Money Banks to GDP for Philippines
DDDI01PHA156NWDB
Amount Outstanding of International Debt Securities for Issuers in General Government Sector, All Maturities, Residence of Issuer in Philippines
IDSGAMRIAOPH
Population ages 65 and above for the Philippines
SPPOP65UPTOZSPHL
Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Philippines
PHLFCBODCKNUM
Value of Exports to Philippines from Texas
TXPHLA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Philippines from Utah (UTPHLA475SCEN), retrieved from FRED.