Value of Exports to Czech Republic from Massachusetts
MACZEA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39,979,248.00
Year-over-Year Change
34.26%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Czech Republic from Massachusetts' series measures the total value of goods exported from Massachusetts to the Czech Republic. This metric is an important indicator of trade activity and economic ties 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 tracks the dollar value of merchandise exports from Massachusetts to the Czech Republic. It is used by economists, policymakers, and businesses to analyze trends in the bilateral trade relationship and understand Massachusetts' export performance.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
The series is relevant for understanding the economic integration and commercial ties between Massachusetts and the Czech Republic.
Key Facts
- Massachusetts exported $281 million worth of goods to the Czech Republic in 2021.
- Exports from Massachusetts to the Czech Republic grew by 12% in 2021.
- The top Massachusetts exports to the Czech Republic include machinery, electronics, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods exported from the state of Massachusetts to the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for understanding the trade relationship and economic ties between Massachusetts and the Czech Republic.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze trade patterns and inform decisions about economic development and international commerce.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be a 1-2 month delay in the most recent figures.
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Citation
U.S. Federal Reserve, Value of Exports to Czech Republic from Massachusetts (MACZEA052SCEN), retrieved from FRED.