Value of Exports to Bermuda from Nevada
NVBMUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
460,194.00
Year-over-Year Change
414.02%
Date Range
1/1/1997 - 1/1/2017
Summary
The Value of Exports to Bermuda from Nevada tracks the total value of goods and services exported from the state of Nevada to the island nation of Bermuda. This metric is important for economists and policymakers to assess Nevada's trade relationships and economic ties with international markets.
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 measures the dollar value of all merchandise exported from Nevada to Bermuda. It provides insight into the commercial and economic relationship between the two locations, which can inform state-level trade policies and business strategies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and analysts use this metric to evaluate Nevada's export performance and competitiveness in global markets.
Key Facts
- Nevada exported $X.XX million in goods to Bermuda in the most recent period.
- Exports to Bermuda account for Y% of Nevada's total international exports.
- The value of Nevada's exports to Bermuda has increased/decreased by Z% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Bermuda from Nevada measures the total dollar value of all merchandise exported from the state of Nevada to the country of Bermuda.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Nevada's trade relationship and economic ties with the Bermudian market, which can inform state-level policies, business strategies, and assessments of Nevada's export performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate Nevada's export competitiveness and the strength of its commercial relationships in global markets, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: There may be lags of several months in the availability of the most recent data, and the metric may not capture all informal or unreported trade activity between Nevada and Bermuda.
Related Trends
Gross National Income for Bermuda
MKTGNIBMA646NWDB
Value of Exports to Bermuda from Arizona
AZBMUA052SCEN
Number of Identified Exporters to Bermuda from Florida
FLBMUA475SCEN
Number of Identified Exporters to Bermuda from Colorado
COBMUA475SCEN
Number of Identified Exporters to Bermuda from New Hampshire
NHBMUA475SCEN
Number of Identified Exporters to Bermuda from Delaware
DEBMUA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Bermuda from Nevada (NVBMUA052SCEN), retrieved from FRED.