Number of Identified Exporters to Nauru from Texas

TXNRUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

-50.00%

Date Range

1/1/2002 - 1/1/2015

Summary

This economic trend measures the number of exporters from the U.S. state of Texas to the island nation of Nauru. It is an important indicator of trade activity and commercial relationships between Texas and Nauru.

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

The 'Number of Identified Exporters to Nauru from Texas' series tracks the count of unique business entities located in Texas that export goods or services to Nauru. This data provides insights into the commercial ties and trade flows between the two regions.

Methodology

The data is collected by the U.S. Census Bureau through surveys of export shipments.

Historical Context

This trend is used by economists and policymakers to monitor the state of Texas' international trade and commercial engagement.

Key Facts

  • Texas is a major exporting state in the U.S.
  • Nauru is a small island country in the South Pacific
  • Trade between Texas and Nauru is relatively low

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique business entities located in the U.S. state of Texas that export goods or services to the island nation of Nauru.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insights into the trade relationship and commercial ties between Texas and Nauru, which is relevant for understanding broader patterns of international trade and economic engagement.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of export shipments.

Q: How is this trend used in economic policy?

A: This trend is used by economists and policymakers to monitor the state of Texas' international trade and commercial engagement, which can inform decisions around trade policy, economic development, and international relations.

Q: Are there update delays or limitations?

A: The data may be subject to delays in reporting and can be limited by the survey coverage of export transactions.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Nauru from Texas (TXNRUA475SCEN), retrieved from FRED.