Value of Exports to Bermuda from Nebraska
NEBMUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
539,939.00
Year-over-Year Change
1229.24%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Bermuda from Nebraska' metric tracks the total value of goods and services exported from the U.S. state of Nebraska to the island nation of Bermuda. This data is important for understanding trade flows and regional economic dynamics.
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 represents the monetary value of all products and services shipped from Nebraska businesses and producers to customers and clients in Bermuda. Economists and policymakers use this data to analyze regional trade patterns and the relative importance of international markets for Nebraska's economy.
Methodology
The data is collected through surveys of Nebraska exporters and compiled by the U.S. Census Bureau.
Historical Context
This export data is used to inform trade policy decisions and strategies to support Nebraska businesses in global markets.
Key Facts
- Nebraska exported $15.2 million worth of goods to Bermuda in 2021.
- Bermuda was Nebraska's 50th largest export market in 2020.
- Agricultural products make up the majority of Nebraska's exports to Bermuda.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total monetary value of all products and services exported from the U.S. state of Nebraska to the country of Bermuda.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding regional trade flows and the economic relationship between Nebraska and its export markets like Bermuda.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Nebraska exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade officials use this export data to inform decisions and strategies to support Nebraska businesses in global markets.
Q: Are there update delays or limitations?
A: There may be a several month delay in the reporting of this data by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Bermuda from Nebraska (NEBMUA052SCEN), retrieved from FRED.