Number of Identified Exporters to Spain from Ohio
OHESPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
670.00
Year-over-Year Change
14.53%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Spain from Ohio' measures the count of businesses in Ohio that export goods to Spain. This trend is an important indicator of trade activity and economic ties between the state and the Spanish market.
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 sell products or services to customers in Spain. It provides insight into the scale and diversity of Ohio's export relationships with the Spanish economy.
Methodology
The data is collected through surveys and reporting from the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess Ohio's export competitiveness and the health of its trade partnerships.
Key Facts
- Ohio is one of the top exporting states in the U.S.
- Spain is Ohio's 8th largest export destination globally.
- The number of Ohio exporters to Spain has grown by 12% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of unique businesses located in Ohio that export goods or services to customers in Spain.
Q: Why is this trend relevant for users or analysts?
A: The number of Ohio exporters to Spain provides insight into the trade ties and economic integration between the state and the Spanish market.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting coordinated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this metric to assess Ohio's export competitiveness and the health of its trade partnerships with Spain and other global markets.
Q: Are there update delays or limitations?
A: The data is published with a 3-month lag and may not capture all small or informal exporters.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Spain from Ohio (OHESPA475SCEN), retrieved from FRED.