Number of Identified Exporters to Hong Kong from Texas
TXHKGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,855.00
Year-over-Year Change
23.09%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to Hong Kong from the state of Texas. It provides insights into the trade relationship between Texas and one of the major international markets.
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 Texas tracks the count of companies located in Texas that export goods to Hong Kong. This data series is useful for analyzing trends in Texas's export activity and competitiveness in the Hong Kong market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Policymakers and trade analysts use this metric to monitor the health of Texas's export sector and commercial ties with Hong Kong.
Key Facts
- Texas is one of the largest exporting states in the U.S.
- Hong Kong is a major trading partner for Texas businesses.
- Tracking exporter counts can indicate the competitiveness of Texas firms in international markets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Texas that have been identified as exporting goods to Hong Kong.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the number of Texas exporters to Hong Kong provides insights into the strength of trade ties between the state and this major international market.
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 trade analysts use this metric to track the health of Texas's export sector and inform policies affecting the state's competitiveness in global markets.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the survey-based methodology used to collect this information.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Hong Kong from Texas (TXHKGA475SCEN), retrieved from FRED.