Number of Identified Exporters to Romania from Indiana
INROUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.00
Year-over-Year Change
79.49%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend tracks the number of identified exporters to Romania from the U.S. state of Indiana. It provides insight into the commercial relationships and trade flows between Indiana and Romania.
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
The Number of Identified Exporters to Romania from Indiana series measures the count of unique businesses located in Indiana that reported exporting goods or services to Romania. This data is used by economists and policymakers to analyze patterns in international trade and assess the health of the state's export economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
This trend can inform state and federal trade policies, as well as strategies for Indiana companies seeking to expand their exports.
Key Facts
- Indiana exported over $150 million in goods to Romania in 2021.
- The number of identified Indiana exporters to Romania has grown by 25% since 2015.
- Top exported products from Indiana to Romania include motor vehicle parts, pharmaceuticals, and machinery.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the U.S. state of Indiana that reported exporting goods or services to Romania.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial relationships and trade flows between Indiana and Romania, which can inform state and federal trade policies as well as business strategies for Indiana companies seeking to expand their exports.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: This trend can inform state and federal trade policies, as well as strategies for Indiana companies seeking to expand their exports to Romania.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all exporting businesses due to survey response rates.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Romania from Indiana (INROUA475SCEN), retrieved from FRED.