Value of Exports to Philippines from Wisconsin
WIPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115,105,107.00
Year-over-Year Change
76.27%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Philippines from Wisconsin' series measures the dollar value of goods exported from the state of Wisconsin to the Philippines over time. This metric is important for understanding trade dynamics and economic relationships between U.S. regions and international partners.
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 tracks the commercial flow of products and services from Wisconsin to the Philippines. It reflects the strength of the trade relationship and can provide insights into industry-specific activity, supply chain patterns, and Wisconsin's export market competitiveness.
Methodology
The data is collected and reported by the U.S. Census Bureau through its U.S. International Trade program.
Historical Context
Policymakers and business analysts use this metric to monitor Wisconsin's global trade performance and assess its export-driven economic growth.
Key Facts
- Wisconsin exported $302 million worth of goods to the Philippines in 2021.
- Machinery and equipment account for over 40% of Wisconsin's exports to the Philippines.
- The value of Wisconsin's exports to the Philippines has grown by 24% since 2016.
FAQs
Q: What does this economic trend measure?
A: This series tracks the dollar value of goods and services exported from the state of Wisconsin to the Philippines over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Wisconsin and the Philippines, which is important for understanding regional economic performance and global market dynamics.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its U.S. International Trade program.
Q: How is this trend used in economic policy?
A: Policymakers and business analysts use this metric to monitor Wisconsin's global trade performance and assess its export-driven economic growth.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Philippines from Wisconsin (WIPHLA052SCEN), retrieved from FRED.