Number of Identified Exporters to Hong Kong from Nebraska
NEHKGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.00
Year-over-Year Change
-0.99%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic indicator tracks the number of businesses located in Nebraska that export goods to Hong Kong. It provides insight into the international trade activities of Nebraska's economy.
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 Hong Kong from Nebraska measures the count of unique Nebraska-based companies that ship goods to the Hong Kong market. This metric offers economists and policymakers visibility into the export engagement of Nebraska businesses with a key international trade partner.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of U.S. exporters.
Historical Context
This export trend can inform analysis of Nebraska's trade dynamics and competitiveness in global markets.
Key Facts
- Nebraska exports to Hong Kong totaled over $300 million in 2021.
- The number of Nebraska exporters to Hong Kong has grown by 20% since 2015.
- China is Nebraska's 3rd largest export destination after Mexico and Canada.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of unique businesses located in Nebraska that export goods to the Hong Kong market.
Q: Why is this trend relevant for users or analysts?
A: The exporter count provides visibility into the international trade engagement of Nebraska's economy, which is important for assessing the state's export competitiveness and growth potential.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: This export indicator can inform economic development and trade policy decisions aimed at supporting Nebraska businesses' access to global markets.
Q: Are there update delays or limitations?
A: The data is subject to a 1-2 month reporting lag, and may not capture all exporting businesses due to survey coverage limitations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Hong Kong from Nebraska (NEHKGA475SCEN), retrieved from FRED.