Number of Identified Exporters to Bermuda from Ohio
OHBMUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.00
Year-over-Year Change
-15.24%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Bermuda from Ohio' trend measures the count of businesses based in Ohio that export goods to the island nation of Bermuda. This metric provides insights into trade and economic activity between the two locations.
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 indicator tracks the number of unique Ohio-based companies that are identified as exporting products or services to Bermuda. It offers a proxy for the commercial ties and trade flows between the state and this overseas territory.
Methodology
The data is collected through customs and trade documentation filed by Ohio businesses.
Historical Context
Policymakers and economists use this metric to assess the strength of economic integration and commercial relationships between specific U.S. states and foreign markets.
Key Facts
- Ohio exported $XX million in goods to Bermuda in 20XX.
- Bermuda is Ohio's Xth largest export market globally.
- The number of Ohio exporters to Bermuda has increased/decreased by X% over the past Y years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses based in the U.S. state of Ohio that are identified as exporting products or services to the island nation of Bermuda.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the commercial ties and trade flows between Ohio and Bermuda, which is useful for policymakers, economists, and businesses analyzing regional economic integration and international commerce.
Q: How is this data collected or calculated?
A: The data is collected through customs documentation and trade records filed by Ohio-based companies exporting to Bermuda.
Q: How is this trend used in economic policy?
A: Governments, trade associations, and economic analysts use this metric to assess the strength of commercial relationships between specific U.S. states and foreign markets, informing policies related to international trade and regional economic development.
Q: Are there update delays or limitations?
A: There may be a 1-2 quarter lag in data availability, and the metric only captures businesses that are formally identified as exporters, which may exclude some smaller or informal trade activity.
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Bank's Overhead Costs to Total Assets for Bermuda
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Amount Outstanding Due within One Year of International Debt Securities for All Issuers, Residence of Issuer in Bermuda
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Constant GDP per capita for Bermuda
NYGDPPCAPKDBMU
Citation
U.S. Federal Reserve, Number of Identified Exporters to Bermuda from Ohio (OHBMUA475SCEN), retrieved from FRED.