Number of Identified Exporters to Pitcairn from Washington

WAPCNA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/2002 - 1/1/2007

Summary

The 'Number of Identified Exporters to Pitcairn from Washington' metric tracks the number of businesses located in Washington state that export goods to the remote island of Pitcairn. This provides insights into economic activity and trade flows 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 economic indicator represents the count of unique companies based in Washington that have reported exporting products or services to Pitcairn, a small British Overseas Territory in the South Pacific. The data is collected and reported by the U.S. Census Bureau as part of its exporter locator program.

Methodology

The data is compiled from mandatory exporter surveys and customs declarations.

Historical Context

Policymakers and trade analysts use this metric to assess the health of Washington's export economy and its commercial ties with distant markets like Pitcairn.

Key Facts

  • Pitcairn is a remote British island in the South Pacific with a population under 50.
  • Washington state is a major exporting hub, accounting for over 20% of U.S. goods exports.
  • The 'Number of Identified Exporters' metric has been tracked since 1997.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the number of businesses located in Washington state that are identified as exporting goods or services to the remote island of Pitcairn.

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

A: This metric provides insights into the commercial relationships and trade flows between Washington and distant overseas markets like Pitcairn, which can be useful for policymakers and economists analyzing regional export activity.

Q: How is this data collected or calculated?

A: The data is compiled by the U.S. Census Bureau from mandatory exporter surveys and customs declaration records.

Q: How is this trend used in economic policy?

A: Analysts and policymakers can use this metric to assess the health and dynamics of Washington's export economy and its commercial ties with far-flung markets.

Q: Are there update delays or limitations?

A: The data is published on a regular schedule by the Census Bureau, but may have a several month lag due to survey collection and processing times.

Related Trends

Citation

U.S. Census Bureau, Number of Identified Exporters to Pitcairn from Washington (WAPCNA475SCEN), retrieved from FRED.