Number of Identified Exporters to Hong Kong from Ohio
OHHKGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
997.00
Year-over-Year Change
0.61%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Hong Kong from Ohio' series tracks the count of businesses located in Ohio that are actively exporting goods to Hong Kong. This metric is an important indicator of Ohio's trade engagement with a key Asian market.
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 represents the total number of unique companies based in Ohio that are identified as exporting products or services to Hong Kong. It provides insight into the scale and diversity of Ohio's export footprint in this important trade relationship.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Policymakers and economists monitor this trend to assess Ohio's export competitiveness and the health of its trade ties with Hong Kong.
Key Facts
- Ohio is a top-10 U.S. exporting state.
- Hong Kong is Ohio's 6th largest trade partner.
- Exports support over 1 million Ohio jobs.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses located in Ohio that are identified as exporting goods or services to Hong Kong.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the count of Ohio exporters to Hong Kong provides insight into the state's trade engagement and competitiveness in a key Asian market.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through business surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Ohio's export performance and the health of its trade relationship with Hong Kong.
Q: Are there update delays or limitations?
A: There may be lags of several months before new data is published due to the time required for business reporting and customs processing.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Hong Kong from Ohio (OHHKGA475SCEN), retrieved from FRED.