Number of Identified Exporters to Tonga from Texas
TXTONA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to Tonga from the U.S. state of Texas. It provides insights into trade patterns and business activity between Texas and the Pacific island nation of Tonga.
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 Tonga from Texas is a key metric used by economists and policymakers to analyze trade flows and business relationships between Texas and Tonga. It helps quantify the commercial ties and export opportunities between the two economies.
Methodology
The data is collected through surveys and reporting from the U.S. Census Bureau and other government agencies.
Historical Context
This trend is relevant for understanding the broader economic relationship between Texas and Tonga, including the potential for expanded trade and investment.
Key Facts
- Texas is a major U.S. exporting state.
- Tonga is a small island nation in the South Pacific.
- Trade between Texas and Tonga has grown in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of identified exporters from the U.S. state of Texas that ship goods to the Pacific island nation of Tonga.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the trade relationship and business activity between Texas and Tonga, which is important for understanding economic ties and opportunities between the two economies.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from the U.S. Census Bureau and other government agencies.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and trade analysts to monitor and evaluate the commercial relationship between Texas and Tonga, which can inform decisions about trade agreements, investment, and economic development.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and updates, and the data may not capture all exporters, particularly smaller businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Tonga from Texas (TXTONA475SCEN), retrieved from FRED.