Number of Identified Exporters to Singapore from Nevada
NVSGPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
199.00
Year-over-Year Change
84.26%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Singapore from Nevada measures the count of businesses located in Nevada that export goods to Singapore. This data provides insight into Nevada's trade connections and export 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 tracks the number of unique Nevada-based companies that export products to the Singaporean market. It offers economists and policymakers a quantitative view of Nevada's export activity and integration with global trade flows.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
This metric is useful for analyzing Nevada's export competitiveness and identifying growth opportunities in Asian markets.
Key Facts
- Nevada exported $302 million in goods to Singapore in 2021.
- The number of Nevada exporters to Singapore has increased by 25% since 2015.
- Singapore is Nevada's 4th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique businesses located in Nevada that export goods to the Singaporean market.
Q: Why is this trend relevant for users or analysts?
A: The number of Nevada exporters to Singapore provides insight into the state's trade connections and integration with global markets, which is useful for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economists can use this metric to assess Nevada's export competitiveness and identify opportunities to grow trade with key Asian markets like Singapore.
Q: Are there update delays or limitations?
A: This data is published with a lag, typically 6-12 months after the reference period. It may not capture the most recent trade dynamics.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Singapore from Nevada (NVSGPA475SCEN), retrieved from FRED.