Number of Identified Exporters to Hong Kong from New York
NYHKGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,816.00
Year-over-Year Change
9.88%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Hong Kong from New York' measures the total count of unique businesses that export goods from New York to Hong Kong. This trend provides insight into the trade dynamics 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
This economic indicator tracks the number of distinct companies that engage in exporting activities from New York to Hong Kong. It serves as a barometer for understanding the scale and breadth of trade relationships between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
This trend is closely monitored by policymakers and trade analysts to assess the health of the export economy.
Key Facts
- New York is the largest exporting state in the U.S.
- Hong Kong is one of the world's major financial hubs.
- Exporters to Hong Kong account for a significant portion of New York's trade activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of unique businesses that export goods from New York to Hong Kong, providing insight into the scale of trade activity between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the health and dynamics of the export economy, as well as the strength of trade relationships between New York and Hong Kong.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts closely monitor this trend to assess the performance of the export economy and inform decision-making related to international trade policies.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the Census Bureau, and may be subject to reporting lags or incomplete coverage of all exporting businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Hong Kong from New York (NYHKGA475SCEN), retrieved from FRED.