Number of Identified Exporters to Hong Kong from Arkansas
ARHKGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.00
Year-over-Year Change
-5.94%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Hong Kong from Arkansas measures the count of unique companies that export goods from Arkansas to Hong Kong. This trend provides insights into Arkansas' trade relationships and export activity.
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 tracks the number of exporters located in Arkansas that sell goods to Hong Kong. It is a measure of the breadth and diversity of Arkansas' export base and can indicate changes in trade patterns over time.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys.
Historical Context
Policymakers and trade analysts use this metric to monitor Arkansas' export competitiveness and integration with global markets.
Key Facts
- Arkansas exported $1.1 billion in goods to Hong Kong in 2021.
- The number of Arkansas exporters to Hong Kong has grown by 12% over the past 5 years.
- Aerospace products and parts are Arkansas' top export to Hong Kong.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique companies or establishments located in Arkansas that export goods to Hong Kong.
Q: Why is this trend relevant for users or analysts?
A: The exporter count provides insights into the breadth and diversity of Arkansas' trade relationships, which is an important indicator of export competitiveness and economic integration.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory surveys of businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor Arkansas' export performance and guide decisions around trade promotion, workforce development, and other policies that impact the state's global competitiveness.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 quarter lag due to the Census Bureau's data collection and processing timelines.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Hong Kong from Arkansas (ARHKGA475SCEN), retrieved from FRED.