Value of Exports to Ecuador from Massachusetts
MAECUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,116,897.00
Year-over-Year Change
409.57%
Date Range
1/1/1992 - 1/1/2017
Summary
This data series tracks the value of exports from the U.S. state of Massachusetts to Ecuador. It's an important indicator of trade flows and economic relationships 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 Ecuador from Massachusetts measures the total dollar value of goods and services exported from Massachusetts to Ecuador. This provides insight into the trade dynamics and economic interconnectedness between the state and the South American country.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and analysts use this metric to assess the commercial and diplomatic ties between Massachusetts and Ecuador.
Key Facts
- Massachusetts is a major exporter to Ecuador.
- Exports have grown significantly over the past decade.
- Top exported goods include machinery, chemicals, and electronics.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the value of exports from the U.S. state of Massachusetts to Ecuador. It quantifies the trade flows between the two regions.
Q: Why is this trend relevant for users or analysts?
A: The value of exports is an important indicator of the economic relationship between Massachusetts and Ecuador. It provides insight into trade dynamics and commercial ties.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the commercial and diplomatic ties between Massachusetts and Ecuador, which can inform trade agreements and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so it may not reflect the most recent trade activity. There may also be limitations in capturing all export transactions.
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Citation
U.S. Federal Reserve, Value of Exports to Ecuador from Massachusetts (MAECUA052SCEN), retrieved from FRED.