Number of Identified Exporters to United Kingdom from Nebraska
NEGBRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
159.00
Year-over-Year Change
-10.17%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to United Kingdom from Nebraska' trend measures the count of Nebraska businesses that export goods to the United Kingdom. This metric is important for understanding the state's trade relationships and economic competitiveness.
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 unique Nebraska-based companies that have reported exporting products to the United Kingdom. It provides insight into the trade activity and commercial connections between Nebraska and this key international market.
Methodology
The data is collected by the U.S. Census Bureau through mandatory company reporting.
Historical Context
Policymakers and economic development agencies use this trend to monitor Nebraska's export activity and guide trade policy decisions.
Key Facts
- Nebraska exported $1.1 billion worth of goods to the UK in 2021.
- The number of identified Nebraska exporters to the UK has increased by 12% since 2015.
- Agricultural products account for over 40% of Nebraska's exports to the UK.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique Nebraska-based companies that have reported exporting goods to the United Kingdom.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Nebraska's trade relationships and economic competitiveness in the global marketplace.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory company reporting.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this trend to monitor Nebraska's export activity and guide trade policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a several month lag, so it may not reflect the most recent trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to United Kingdom from Nebraska (NEGBRA475SCEN), retrieved from FRED.