Value of Exports to Dominica from Florida
FLDMAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29,607,744.00
Year-over-Year Change
37.85%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Dominica from Florida' series measures the total value of goods and services exported from the state of Florida to the Caribbean island nation of Dominica. This metric is closely watched by economists and policymakers to gauge Florida's trade relationship with its Caribbean trading partners.
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 represents the dollar value of all merchandise and services exported from Florida to Dominica. It is an important indicator of economic activity and trade flows between the two regions. Analysts use this data to assess the health of Florida's export economy and its integration with Caribbean markets.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.
Historical Context
Policymakers and trade groups monitor this series to understand Florida's export performance and competitiveness in the Caribbean market.
Key Facts
- Florida is a major exporter to the Caribbean region.
- Dominica is a small island nation in the West Indies.
- Trade with the Caribbean represents an important economic driver for Florida.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the state of Florida to the Caribbean nation of Dominica.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers to gauge Florida's trade relationship with its Caribbean trading partners and assess the health of the state's export economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.
Q: How is this trend used in economic policy?
A: Policymakers and trade groups monitor this series to understand Florida's export performance and competitiveness in the Caribbean market.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and revision policies of the U.S. Census Bureau.
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IADMAA052SCEN
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Citation
U.S. Federal Reserve, Value of Exports to Dominica from Florida (FLDMAA052SCEN), retrieved from FRED.