Number of Identified Exporters to Nicaragua from Oklahoma
OKNICA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
-20.83%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Nicaragua from Oklahoma' measures the count of businesses located in Oklahoma that reported exporting goods or services to Nicaragua. This metric provides insight into the trade relationship between Oklahoma and Nicaragua.
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 tracks the number of exporting firms from Oklahoma to Nicaragua over time. It serves as an indicator of the strength and trends in the bilateral trade flows between the two regions, which is valuable information for policymakers, trade analysts, and businesses.
Methodology
The data is collected through surveys of U.S. companies by the U.S. Census Bureau.
Historical Context
Trends in this series can inform economic and trade policy decisions affecting Oklahoma and Nicaragua.
Key Facts
- The series has been tracked since 1997.
- Oklahoma exported over $50 million in goods to Nicaragua in 2021.
- The number of exporters peaked at 63 in 2015.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Oklahoma that reported exporting goods or services to Nicaragua over time.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of exporting firms from Oklahoma to Nicaragua provides insights into the strength and trends of the bilateral trade relationship between the two regions, which is valuable information for policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. companies by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in this series can inform economic and trade policy decisions affecting Oklahoma and Nicaragua.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the series may not capture all exporting firms, particularly smaller businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Nicaragua from Oklahoma (OKNICA475SCEN), retrieved from FRED.