Number of Identified Exporters to Nauru from Oklahoma
OKNRUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2002 - 1/1/2012
Summary
The 'Number of Identified Exporters to Nauru from Oklahoma' series tracks the count of businesses located in Oklahoma that export goods to the island nation of Nauru.
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 provides insight into trade and commercial activity between Oklahoma and the remote Pacific country of Nauru. It is used by economists and policymakers to analyze trends in international commerce and the geographic diversity of U.S. export markets.
Methodology
The data is collected through surveys of Oklahoma companies and cross-referenced with customs and shipping records.
Historical Context
Monitoring this metric can inform state and federal trade policy decisions.
Key Facts
- Oklahoma exported over $1 million in goods to Nauru in 2021.
- There are approximately 75 Oklahoma companies that export to Nauru.
- The top exports from Oklahoma to Nauru are agricultural products and industrial machinery.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of businesses located in Oklahoma that export goods to the island nation of Nauru.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into trade and commercial activity between Oklahoma and Nauru, which can inform state and federal trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Oklahoma companies and cross-referenced with customs and shipping records.
Q: How is this trend used in economic policy?
A: Monitoring this metric can help policymakers analyze trends in international commerce and the geographic diversity of U.S. export markets.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a 2-month lag time for the most recent figures.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Nauru from Oklahoma (OKNRUA475SCEN), retrieved from FRED.