Number of Identified Exporters to Hungary from Indiana
INHUNA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.00
Year-over-Year Change
23.40%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to Hungary from the U.S. state of Indiana. It provides insights into Indiana's trade and business relationships with the Hungarian 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
The Number of Identified Exporters to Hungary from Indiana series tracks the count of unique firms and individuals located in Indiana that are actively exporting goods or services to Hungary. This data offers valuable information about the scale and composition of Indiana's export activity to one of its key international trading partners.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys and reporting.
Historical Context
This trend is used by policymakers, trade analysts, and businesses to understand Indiana's export dynamics and identify opportunities for expanding trade with Hungary.
Key Facts
- Indiana exported over $300 million in goods to Hungary in 2021.
- The number of identified Indiana exporters to Hungary has grown by 25% since 2015.
- Top Indiana exports to Hungary include machinery, vehicles, and pharmaceutical products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses and individuals located in the U.S. state of Indiana that are actively exporting goods or services to Hungary.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the scale and composition of Indiana's export activity to Hungary, a key international trading partner. It informs business strategy, trade policy, and economic development initiatives.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys and reporting.
Q: How is this trend used in economic policy?
A: Policymakers, trade analysts, and businesses use this trend to understand Indiana's export dynamics and identify opportunities for expanding trade with Hungary.
Q: Are there update delays or limitations?
A: The data is updated annually with a 6-month delay due to the time required for business surveys and reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Hungary from Indiana (INHUNA475SCEN), retrieved from FRED.