Number of Identified Exporters to Congo from Ohio
OHCOGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
233.33%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to Congo from Ohio' measures the count of businesses based in Ohio that export goods to the Democratic Republic of the Congo. This metric provides insight into the trade relationship between Ohio and the African nation.
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 tracks the number of unique Ohio-based companies that have reported exporting products or services to the Congo. It offers an indicator of the commercial activity and economic ties between the U.S. state and the Central African country.
Methodology
The data is collected through mandatory business reporting to the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers and trade analysts to assess the strength of Ohio's export market and commercial integration with the Congolese economy.
Key Facts
- Ohio is a major U.S. exporting state.
- The Congo is a growing market for American goods.
- Tracking exporter counts is vital for trade policy.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique businesses based in Ohio that have reported exporting products or services to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This data point offers insights into the trade relationship and commercial activity between Ohio and the Congolese economy, which is important for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected through mandatory reporting by businesses to the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this trend to assess the strength of Ohio's export market and its economic integration with the Congolese economy, which informs trade policy decisions.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and collection that can impact the timeliness of this metric.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Congo from Ohio (OHCOGA475SCEN), retrieved from FRED.