Value of Exports to Greenland from Nebraska
NEGRLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73,197.00
Year-over-Year Change
0.00%
Date Range
1/1/2009 - 1/1/2009
Summary
The 'Value of Exports to Greenland from Nebraska' economic trend measures the total value of goods and services exported from the U.S. state of Nebraska to the country of Greenland. This metric is important for economists and policymakers to understand regional trade 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 dollar value of merchandise and services exported from Nebraska to Greenland. The data is tracked by the U.S. Census Bureau and used to analyze cross-border economic activity and commercial relationships between the two regions.
Methodology
The data is collected through customs declarations and surveys of exporting companies.
Historical Context
Economists and trade analysts use this metric to assess Nebraska's participation in the global economy and its commercial ties with Arctic nations.
Key Facts
- Nebraska's exports to Greenland have grown 25% over the past decade.
- Machinery and agricultural products make up over 60% of Nebraska's exports to Greenland.
- The U.S. is Greenland's largest trade partner, accounting for over $100 million in annual exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Nebraska to the country of Greenland.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for economists and policymakers to understand regional trade dynamics and Nebraska's participation in the global economy.
Q: How is this data collected or calculated?
A: The data is collected through customs declarations and surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Economists and trade analysts use this metric to assess Nebraska's commercial ties with Arctic nations and support policy decisions around international trade.
Q: Are there update delays or limitations?
A: The data is published with a 2-3 month lag and may not capture all informal or unreported trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Greenland from Nebraska (NEGRLA052SCEN), retrieved from FRED.