Number of Identified Exporters to Dominican Republic from Nevada
NVDOMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.00
Year-over-Year Change
378.57%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to the Dominican Republic from the U.S. state of Nevada. It provides insights into Nevada's trade dynamics and export performance with this Caribbean nation.
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
The Number of Identified Exporters to Dominican Republic from Nevada trend represents the count of unique businesses located in Nevada that have reported exporting goods or services to the Dominican Republic. This data helps analysts and policymakers understand the scale and diversity of Nevada's export activities with the Dominican Republic.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys.
Historical Context
This trend is used to monitor Nevada's export competitiveness and guide trade policies between the state and the Dominican Republic.
Key Facts
- Nevada exported $72 million worth of goods to the Dominican Republic in 2021.
- The number of identified Nevada exporters to the Dominican Republic has grown by 20% since 2015.
- The top exported products from Nevada to the Dominican Republic are machinery, electronics, and agricultural goods.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in Nevada that have reported exporting goods or services to the Dominican Republic.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Nevada's trade dynamics and export performance with the Dominican Republic, which is important for understanding the state's economic competitiveness and guiding related trade policies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to monitor Nevada's export competitiveness and guide trade policies between the state and the Dominican Republic.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodological constraints of the U.S. Census Bureau's business surveys.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Dominican Republic from Nevada (NVDOMA475SCEN), retrieved from FRED.