Number of Identified Exporters to India from Ohio
OHINDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,232.00
Year-over-Year Change
50.98%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to India from Ohio' series tracks the count of businesses based in Ohio that export goods to India. This metric is a key indicator of Ohio's international trade activity and economic integration with the Indian 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 measures the number of unique companies headquartered in Ohio that have reported exporting products or services to India. It provides insight into the scale and diversity of Ohio's export relationships with one of the world's largest and fastest-growing economies.
Methodology
The data is collected through surveys of businesses by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to assess Ohio's export competitiveness and the state's economic ties with India.
Key Facts
- Ohio is the 7th largest exporting state in the U.S.
- India is Ohio's 4th largest export destination globally.
- Exports support over 1 million jobs across Ohio.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses based in Ohio that have reported exporting goods or services to India.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Ohio's export relationships and economic integration with the Indian market, which is a key focus area for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted 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 Ohio's export competitiveness and the state's economic ties with India, one of the world's largest and fastest-growing economies.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags and may not capture all exporters, particularly smaller businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to India from Ohio (OHINDA475SCEN), retrieved from FRED.