Value of Exports to Hungary from Ohio
OHHUNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
162,662,191.00
Year-over-Year Change
216.10%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Hungary from Ohio' trend measures the dollar value of goods and services exported from the U.S. state of Ohio to Hungary. This data point is relevant for economists and policymakers analyzing regional trade patterns and economic integration.
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 value of merchandise exported from Ohio to Hungary in a given time period. It is an important indicator of the strength of economic ties and trade flows between the two regions.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
Trends in exports from U.S. states to specific foreign markets can inform trade policy and investment decisions.
Key Facts
- Ohio is a major exporting state in the U.S.
- Hungary is an important trade partner for the Midwest region.
- Exports support economic growth and job creation in Ohio.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of merchandise exported from the U.S. state of Ohio to Hungary in a given time period.
Q: Why is this trend relevant for users or analysts?
A: Tracking state-level export data can provide insights into regional trade patterns and economic integration between U.S. states and foreign markets.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in state exports can inform trade policy and investment decisions by governments and businesses.
Q: Are there update delays or limitations?
A: The data may have a lag of several months due to the time required for collection and reporting by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Hungary from Ohio (OHHUNA052SCEN), retrieved from FRED.