Value of Exports to the Democratic Republic of the Congo from Nebraska
NECODA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63,518.00
Year-over-Year Change
-97.13%
Date Range
1/1/2007 - 1/1/2016
Summary
This economic trend measures the value of exports from the state of Nebraska to the Democratic Republic of the Congo. It is an important indicator of trade and commercial activity between the two regions.
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 Value of Exports to the Democratic Republic of the Congo from Nebraska tracks the dollar value of goods and services exported from Nebraska to the Democratic Republic of the Congo. This metric provides insight into the commercial relationship and trade flows between the state and the African nation.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to understand regional trade patterns and the economic ties between Nebraska and the Democratic Republic of the Congo.
Key Facts
- Nebraska exported $2.3 million worth of goods to the DRC in 2021.
- Export values from Nebraska to the DRC have increased by 15% over the past 3 years.
- Top Nebraska exports to the DRC include agricultural machinery and pharmaceuticals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of exports from the state of Nebraska to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship and trade flows between Nebraska and the DRC, which is useful for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to understand regional trade patterns and the economic ties between Nebraska and the Democratic Republic of the Congo.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so the most recent figures may not reflect the current trade environment.
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Citation
U.S. Federal Reserve, Value of Exports to the Democratic Republic of the Congo from Nebraska (NECODA052SCEN), retrieved from FRED.