Value of Exports to Singapore from Nebraska
NESGPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57,770,547.00
Year-over-Year Change
80.76%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Singapore from Nebraska' trend measures the total dollar value of goods and services exported from the U.S. state of Nebraska to the country of Singapore. This metric is important for economists and policymakers to understand regional trade patterns and the economic relationship between Nebraska and a key international trading partner.
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 economic series tracks the value of all merchandise and services exports from the state of Nebraska to Singapore. It provides insight into the scale and direction of trade flows between this U.S. state and the Southeast Asian country, which can inform business strategy, trade policy, and economic development initiatives.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and market analysts use this metric to assess regional economic performance and the health of trade relationships.
Key Facts
- Nebraska exported over $130 million in goods and services to Singapore in 2021.
- Machinery, agricultural products, and chemicals are Nebraska's top exports to Singapore.
- Singapore is Nebraska's 7th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of all goods and services exported from the U.S. state of Nebraska to the country of Singapore.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Nebraska and a key international partner, which is important for understanding regional economic performance and informing trade policy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to assess regional economic trends and the health of trade relationships, which can inform decisions around trade policy, economic development, and business strategy.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, so there may be delays in the most recent information.
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Citation
U.S. Federal Reserve, Value of Exports to Singapore from Nebraska (NESGPA052SCEN), retrieved from FRED.