Value of Exports to Switzerland from Nevada
NVCHEA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,433,148.00
Year-over-Year Change
0.00%
Date Range
1/1/2002 - 1/1/2002
Summary
The 'Value of Exports to Switzerland from Nevada' tracks the total monetary value of goods and services exported from the U.S. state of Nevada to Switzerland. This economic indicator is important for understanding Nevada's trade relationships and the state's role in international commerce.
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 measures the dollar value of all products and services exported from Nevada to Switzerland. It provides insight into the trade flows and economic connections between the two regions, which is relevant for businesses, policymakers, and analysts studying Nevada's economy and global trade patterns.
Methodology
The data is collected through surveys of Nevada-based exporters and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to assess Nevada's economic performance and competitiveness in international markets.
Key Facts
- Nevada exported over $250 million worth of goods to Switzerland in 2021.
- Switzerland is Nevada's 15th largest export destination globally.
- Precious metals and gemstones make up the majority of Nevada's exports to Switzerland.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of all products and services exported from the U.S. state of Nevada to Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Nevada's trade relationships and the state's role in international commerce, which is important for understanding its economic performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Nevada-based exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess Nevada's economic performance and competitiveness in international markets.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay and may not capture all trade activity between Nevada and Switzerland.
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Citation
U.S. Federal Reserve, Value of Exports to Switzerland from Nevada (NVCHEA052SCEN), retrieved from FRED.