Number of Identified Exporters to Belgium from Nebraska

NEBELA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

44.00

Year-over-Year Change

-20.00%

Date Range

1/1/1992 - 1/1/2017

Summary

The Number of Identified Exporters to Belgium from Nebraska measures the total number of companies located in Nebraska that export goods to Belgium. This trend provides insight into the trade activity and economic connections between Nebraska and the Belgian market.

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 tracks the count of unique businesses based in Nebraska that have reported exporting products to Belgium. It offers a gauge of the trade dynamics and commercial relationships between the state and this key European trading partner.

Methodology

The data is collected through surveys of U.S. exporters by the U.S. Census Bureau.

Historical Context

This metric is used by policymakers and economists to assess the health of Nebraska's export economy and its integration with global markets.

Key Facts

  • Nebraska exported over $300 million in goods to Belgium in 2021.
  • The number of Nebraska exporters to Belgium has grown by 20% since 2015.
  • Belgium is Nebraska's 5th largest export destination globally.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the total number of companies located in Nebraska that have reported exporting goods to Belgium, providing a gauge of the state's trade ties with this key market.

Q: Why is this trend relevant for users or analysts?

A: This data offers insights into the health and competitiveness of Nebraska's export economy, a key driver of jobs and growth. It helps policymakers and businesses assess the state's global commercial relationships.

Q: How is this data collected or calculated?

A: The data is collected through surveys of U.S. exporters conducted by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this metric to evaluate Nebraska's export performance and integration with global markets, informing decisions around trade agreements, export promotion, and economic development strategies.

Q: Are there update delays or limitations?

A: There is typically a 6-9 month delay in the release of this data by the Census Bureau. The metric may not capture all exporting companies, as participation in the surveys is voluntary.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Belgium from Nebraska (NEBELA475SCEN), retrieved from FRED.