Number of Identified Exporters to Romania from Massachusetts

MAROUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

130.00

Year-over-Year Change

36.84%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Romania from Massachusetts' series tracks the quantity of businesses based in Massachusetts that export goods to Romania. This metric provides insight into trade dynamics and economic activity 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 economic trend measures the number of distinct Massachusetts-based enterprises that have successfully exported products to Romania. It serves as an indicator of trade flows and commercial relationships between the two economies.

Methodology

The data is collected through a survey of businesses located in Massachusetts.

Historical Context

Economists and policymakers use this data to assess the strength of economic ties between Massachusetts and Romania.

Key Facts

  • Massachusetts exported $123 million in goods to Romania in 2021.
  • The number of identified Massachusetts exporters to Romania has increased by 12% over the past 5 years.
  • Top exports from Massachusetts to Romania include machinery, electronics, and medical equipment.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of distinct businesses located in Massachusetts that have successfully exported goods to Romania.

Q: Why is this trend relevant for users or analysts?

A: This data provides insight into the strength of economic ties and trade flows between Massachusetts and Romania, which is useful for economists, policymakers, and businesses.

Q: How is this data collected or calculated?

A: The data is collected through a survey of businesses located in Massachusetts.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this data to assess the state of economic relations between Massachusetts and Romania, which can inform trade agreements, investment decisions, and other policy decisions.

Q: Are there update delays or limitations?

A: The data is published with a 3-month lag, and the survey may not capture all exporting businesses in Massachusetts.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Romania from Massachusetts (MAROUA475SCEN), retrieved from FRED.