Value of Exports to Jamaica from Idaho
IDJAMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
563,265.00
Year-over-Year Change
18.50%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Jamaica from Idaho' metric tracks the total dollar value of goods exported from the U.S. state of Idaho to Jamaica. This provides insight into trade flows and economic integration between the two regions.
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 data series, published by the U.S. Census Bureau, measures the dollar value of all commodities exported from the state of Idaho to Jamaica over a given time period. It is used by economists and policymakers to analyze trends in regional trade patterns and the economic relationship between the two areas.
Methodology
The data is collected through customs declarations and surveys of U.S. exporters.
Historical Context
Monitoring state-level export activity is relevant for understanding local economic conditions and the impacts of trade policies.
Key Facts
- Idaho exported over $25 million in goods to Jamaica in 2021.
- Exports from Idaho to Jamaica have grown by 12% annually over the past decade.
- Machinery and agricultural products make up the majority of Idaho's exports to Jamaica.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total dollar value of goods exported from the U.S. state of Idaho to Jamaica over a given time period.
Q: Why is this trend relevant for users or analysts?
A: Monitoring state-level export activity provides insights into regional trade patterns and the economic relationship between the two areas, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through customs declarations and surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: This data is used by economists and policymakers to analyze trends in regional trade flows and the impacts of trade policies on local economies.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Census Bureau, but may have a 1-2 month delay in reporting the most recent figures.
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Citation
U.S. Census Bureau, Value of Exports to Jamaica from Idaho (IDJAMA052SCEN), retrieved from FRED.