Value of Exports to Jamaica from Illinois
ILJAMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,985,986.00
Year-over-Year Change
13.92%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Illinois to Jamaica. It provides insights into trade flows and economic linkages 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
The Value of Exports to Jamaica from Illinois is a key indicator of the commercial relationship between the state of Illinois and the Caribbean nation of Jamaica. It reflects the dollar value of physical goods and commodities shipped from Illinois to Jamaica over a given time period.
Methodology
The data is collected and calculated by the U.S. Census Bureau through its domestic export reporting system.
Historical Context
This metric is used by economists, policymakers, and businesses to analyze trade patterns and economic interdependence.
Key Facts
- Illinois is a top exporting state in the U.S.
- Jamaica is an important trading partner for the U.S. in the Caribbean region.
- Exports support jobs and economic growth in both Illinois and Jamaica.
FAQs
Q: What does this economic trend measure?
A: This metric measures the dollar value of physical goods and commodities exported from the U.S. state of Illinois to the country of Jamaica over a given time period.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the commercial relationship and trade flows between Illinois and Jamaica, which is useful for economists, policymakers, and businesses analyzing regional economic interdependence.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through its domestic export reporting system.
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to analyze trade patterns and the economic interdependence between U.S. states and their international trading partners.
Q: Are there update delays or limitations?
A: There may be delays in the reporting and publication of this data by the Census Bureau, and the data may not capture all export activities between Illinois and Jamaica.
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Citation
U.S. Federal Reserve, Value of Exports to Jamaica from Illinois (ILJAMA052SCEN), retrieved from FRED.