Number of Identified Exporters to Luxembourg from Ohio
OHLUXA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.00
Year-over-Year Change
21.28%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Luxembourg from Ohio' series tracks the total count of businesses in Ohio that export goods to Luxembourg. This metric provides insight into the trade relationship between Ohio and the European country.
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 measures the number of unique exporting entities located in Ohio that ship goods to Luxembourg. It is used by economists and policymakers to monitor the strength of Ohio's export markets and assess the state's trade integration with global partners.
Methodology
The data is collected through surveys of Ohio businesses and customs declarations.
Historical Context
Trends in exporter counts can inform decisions around trade policy, investment attraction, and economic development initiatives.
Key Facts
- Ohio was the 7th largest exporting state in the U.S. in 2021.
- Exports accounted for 10.2% of Ohio's GDP in 2021.
- Luxembourg is Ohio's 53rd largest export destination.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of businesses located in Ohio that export goods to Luxembourg. It provides insight into the trade relationship between the state and the European country.
Q: Why is this trend relevant for users or analysts?
A: Trends in exporter counts can inform decisions around trade policy, investment attraction, and economic development initiatives for Ohio.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Ohio businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to monitor the strength of Ohio's export markets and assess the state's trade integration with global partners like Luxembourg.
Q: Are there update delays or limitations?
A: The data may have a lag of several months due to the time required for business surveys and customs processing.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Luxembourg from Ohio (OHLUXA475SCEN), retrieved from FRED.