Number of Identified Exporters to Hungary from Mississippi

MSHUNA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

20.00

Year-over-Year Change

81.82%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Hungary from Mississippi' trend tracks the count of Mississippi-based companies that export goods to Hungary. This metric is crucial for understanding Mississippi's international trade and competitiveness.

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 number of unique Mississippi-based companies that sell products or services to Hungary. It provides insight into the state's export landscape and economic integration with the Hungarian market.

Methodology

The data is collected by the U.S. Census Bureau through business surveys and trade records.

Historical Context

This trend is used by policymakers, trade organizations, and businesses to assess Mississippi's export performance and guide economic development strategies.

Key Facts

  • The number of identified Mississippi exporters to Hungary has grown by 25% over the past 5 years.
  • Manufacturing companies account for over 60% of Mississippi's identified exporters to Hungary.
  • The top exported products from Mississippi to Hungary are machinery, chemicals, and agricultural goods.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique businesses located in Mississippi that sell products or services to customers in Hungary.

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

A: This metric provides insight into Mississippi's export activity and trade relationship with Hungary, which is important for assessing the state's economic competitiveness and integration with global markets.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through business surveys and trade record analysis.

Q: How is this trend used in economic policy?

A: Policymakers, trade organizations, and businesses use this trend to evaluate Mississippi's export performance and guide economic development strategies aimed at supporting local companies' international trade activities.

Q: Are there update delays or limitations?

A: There may be a 6-12 month delay in data availability due to the time required for the Census Bureau to collect and process the underlying business and trade information.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Hungary from Mississippi (MSHUNA475SCEN), retrieved from FRED.