Number of Identified Exporters to Tonga from Ohio
OHTONA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to Tonga from Ohio' economic trend tracks the count of businesses located in Ohio that export goods to the country of Tonga. This data provides insights into trade flows and economic integration between Ohio and the Pacific island nation.
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 individual companies based in Ohio that have been identified as exporting products or services to Tonga. It offers a valuable proxy for the depth of economic ties and commercial activity between the state and this trading partner.
Methodology
The data is collected through surveys of businesses and customs records by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this trend to assess the strength of Ohio's export economy and trade relationships.
Key Facts
- Ohio is a major U.S. exporter, with over $54 billion in goods exported annually.
- Tonga is a small island nation in the South Pacific with a population of just over 105,000.
- Exports can drive economic growth and job creation in local communities.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of businesses located in the U.S. state of Ohio that have been identified as exporting goods or services to the country of Tonga.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the depth of trade and economic integration between Ohio and Tonga, which is useful for policymakers, businesses, and economists analyzing regional economic performance and trade flows.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to assess the strength of Ohio's export economy and trade relationships, which can inform decisions around economic development, trade agreements, and export promotion programs.
Q: Are there update delays or limitations?
A: The data may have a several-month delay in reporting, and only covers businesses that have been officially identified as exporting to Tonga.
Related Trends
Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Tonga
DDOI12TOA156NWDB
Use of Financial Services, Assets: Outstanding Loans to Households at Other Deposit Takers for Tonga
TONFCSODDHXDC
External Trade: Volume of Exports of Goods and Services for Tonga
TONTXRPCPPPT
Number of Identified Exporters to Tonga from Vermont
VTTONA475SCEN
Number of Identified Exporters to Tonga from New Mexico
NMTONA475SCEN
Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Tonga
TONFCBODCNUM
Citation
U.S. Federal Reserve, Number of Identified Exporters to Tonga from Ohio (OHTONA475SCEN), retrieved from FRED.