Value of Exports to Hungary from District of Columbia
DCHUNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126,173.00
Year-over-Year Change
-7.84%
Date Range
1/1/1992 - 1/1/2009
Summary
The 'Value of Exports to Hungary from District of Columbia' metric tracks the total value of goods and services exported from the District of Columbia to Hungary. This provides insight into the trade relationship between the two regions.
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 dollar value of all products and services exported from businesses located in the District of Columbia to customers in Hungary. It is an important indicator of the economic ties and trade flows between the two areas.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess the District of Columbia's international trade activity and economic integration.
Key Facts
- Exports from DC to Hungary totaled $10.2 million in 2021.
- Hungary was the 42nd largest export destination for goods from DC in 2021.
- The top export categories from DC to Hungary include machinery, electronics, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of goods and services exported from businesses located in the District of Columbia to customers in Hungary.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship between DC and Hungary, which is important for understanding the District's economic integration and international commerce.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses in the District of Columbia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess DC's international trade activity and economic ties with Hungary.
Q: Are there update delays or limitations?
A: There may be lags of several months in the availability of the latest data due to the time required for business surveys and data compilation.
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Citation
U.S. Federal Reserve, Value of Exports to Hungary from District of Columbia (DCHUNA052SCEN), retrieved from FRED.