Number of Identified Exporters to Mexico from Nebraska
NEMEXA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
394.00
Year-over-Year Change
42.75%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Mexico from Nebraska' series tracks the count of businesses based in Nebraska that export goods to Mexico. This metric provides insight into the trade relationship between Nebraska and Mexico.
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, maintained by the U.S. Census Bureau, records the number of distinct Nebraska-based companies that have reported exporting products to the Mexican market in a given period. It offers economists and policymakers a gauge of Nebraska's export activity and commercial integration with its southern neighbor.
Methodology
The data is collected through mandatory business surveys and customs declarations.
Historical Context
Trends in Nebraska's exporting activity to Mexico are closely watched by trade analysts and economic development agencies.
Key Facts
- Nebraska exported over $1 billion in goods to Mexico in 2021.
- Mexico is Nebraska's 3rd largest export destination.
- Food products and machinery are major Nebraska exports to Mexico.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of distinct businesses based in Nebraska that have reported exporting goods to Mexico in a given time period.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Nebraska's exporting activity to Mexico provides insights into the state's trade relationships and economic integration with its southern neighbor.
Q: How is this data collected or calculated?
A: The data is collected through mandatory business surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Trends in Nebraska's exporting to Mexico are closely watched by trade analysts and economic development agencies to assess the state's commercial ties and growth opportunities.
Q: Are there update delays or limitations?
A: The data may have a short lag time due to the reporting requirements, but generally provides a timely picture of Nebraska's exporting activity to Mexico.
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Citation
U.S. Census Bureau, Number of Identified Exporters to Mexico from Nebraska (NEMEXA475SCEN), retrieved from FRED.