Number of Identified Exporters to Hong Kong from Indiana
INHKGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
455.00
Year-over-Year Change
3.41%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Hong Kong from Indiana' series tracks the count of businesses located in Indiana that export goods to Hong Kong. This metric provides insight into trade patterns and economic ties between Indiana and the global 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 data series, published by the U.S. Census Bureau, represents the number of unique companies in Indiana that have reported exporting merchandise to Hong Kong. It serves as an indicator of the state's export activity and participation in international trade.
Methodology
The data is collected through mandatory business surveys and customs documentation.
Historical Context
Policymakers and economists monitor this trend to assess Indiana's export competitiveness and the impact of trade policies.
Key Facts
- Indiana exported over $1 billion in goods to Hong Kong in 2021.
- The number of Indiana exporters to Hong Kong has increased by 25% in the past decade.
- Top exported products from Indiana to Hong Kong include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses located in Indiana that export goods to Hong Kong. It provides insight into the state's international trade activity and export dynamics.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Indiana's export competitiveness, trade relationships, and participation in the global economy. It is used by policymakers and economists to assess the impact of trade policies and monitor economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys and customs documentation.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate Indiana's export performance, identify trade opportunities, and inform decisions on economic development and trade policies.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so it may not reflect the most recent trade activity. Additionally, the series only captures exporting companies and does not include information on the value or volume of exports.
Related Trends
Number of Identified Exporters to Hong Kong from California
CAHKGA475SCEN
Stock Market Capitalization to GDP for Hong Kong SAR, China
DDDM01HKA156NWDB
Value of Exports to Hong Kong from Wisconsin
WIHKGA052SCEN
Total Credit to Households and Non-Profit Institutions Serving Households, Adjusted for Breaks, for Hong Kong SAR
CRDQHKAHABIS
Value of Exports to Hong Kong from Montana
MTHKGA052SCEN
Narrow Effective Exchange Rate for Hong Kong SAR
NNHKBIS
Citation
U.S. Census Bureau, Number of Identified Exporters to Hong Kong from Indiana (INHKGA475SCEN), retrieved from FRED.