Number of Identified Exporters to Hong Kong from Montana
MTHKGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.00
Year-over-Year Change
100.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Hong Kong from Montana' series tracks the count of businesses in Montana that export goods and services to Hong Kong. This metric provides insight into the trade relationship between Montana and one of the world's major commercial hubs.
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 represents the total number of unique Montana-based companies that have been identified as exporting to the Hong Kong market. It is an important indicator of the scale and diversity of Montana's export economy and its integration with global trade networks.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.
Historical Context
Policymakers and economists use this metric to assess the health and competitiveness of Montana's export sector.
Key Facts
- Montana exported over $300 million in goods to Hong Kong in 2021.
- Hong Kong is Montana's 4th largest export destination.
- The number of Montana exporters to Hong Kong has grown by 25% since 2015.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses based in Montana that have been identified as exporting goods or services to Hong Kong.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and diversity of Montana's export economy and its integration with global trade networks.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the health and competitiveness of Montana's export sector.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and can have lags of several months between the reference period and publication.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Hong Kong from Montana (MTHKGA475SCEN), retrieved from FRED.