Number of Identified Exporters to Hong Kong from Rhode Island

RIHKGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

143.00

Year-over-Year Change

-29.90%

Date Range

1/1/1992 - 1/1/2017

Summary

This economic trend tracks the number of exporters from Rhode Island that ship goods to Hong Kong. It provides insights into the trade relationship between Rhode Island and one of the world's major commercial hubs.

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

The Number of Identified Exporters to Hong Kong from Rhode Island series measures the count of unique companies located in Rhode Island that export products to Hong Kong. This data is used by economists and policymakers to analyze trends in Rhode Island's export activity and trade ties with the Asia-Pacific region.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses.

Historical Context

Monitoring exporter counts can inform state-level economic development strategies and trade policy decisions.

Key Facts

  • Rhode Island exported $206 million in goods to Hong Kong in 2021.
  • Hong Kong is Rhode Island's 10th largest export destination.
  • The number of Rhode Island exporters to Hong Kong has grown by 15% since 2015.

FAQs

Q: What does this economic trend measure?

A: This trend tracks the number of unique companies located in Rhode Island that export products to Hong Kong, one of the world's major trading hubs.

Q: Why is this trend relevant for users or analysts?

A: Monitoring exporter counts provides insights into Rhode Island's trade relationships and can inform economic development strategies and trade policy decisions.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this data to analyze trends in Rhode Island's export activity and trade ties with the Asia-Pacific region.

Q: Are there update delays or limitations?

A: The data is released quarterly with a lag of several months, so it may not reflect the most recent economic conditions.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Hong Kong from Rhode Island (RIHKGA475SCEN), retrieved from FRED.