Number of Identified Exporters to Bangladesh from Nevada
NVBGDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
133.33%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Number of Identified Exporters to Bangladesh from Nevada' tracks the count of businesses based in Nevada that export goods to Bangladesh. This metric provides insight into trade patterns and economic activity between the two regions.
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 Nevada-based businesses that export products or services to Bangladesh. It is a useful indicator of the trade relationship and economic linkages between the state of Nevada and the country of Bangladesh.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Policymakers and trade analysts use this metric to monitor changes in Nevada's export market and assess the state's economic ties with Bangladesh.
Key Facts
- Nevada exported over $50 million in goods to Bangladesh in 2021.
- The number of identified Nevada exporters to Bangladesh has grown by 25% since 2015.
- Top export categories from Nevada to Bangladesh include machinery, electrical equipment, and plastics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses based in the state of Nevada that export goods or services to the country of Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and economic linkages between Nevada and Bangladesh, which is useful for policymakers, trade analysts, and businesses operating in these markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor changes in Nevada's export market and assess the state's economic ties with Bangladesh, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the end of the reporting period. The survey-based methodology may also miss some smaller or informal exporters.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Bangladesh from Nevada (NVBGDA475SCEN), retrieved from FRED.