Number of Identified Exporters to Tonga from Massachusetts
MATONA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/1992 - 1/1/2015
Summary
This economic trend measures the number of identified exporters to Tonga from the U.S. state of Massachusetts. It provides insights into the trade relationship between Massachusetts and Tonga.
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 Number of Identified Exporters to Tonga from Massachusetts is a metric that tracks the count of unique business entities located in Massachusetts that export goods to Tonga. This data point is useful for analyzing patterns and trends in bilateral trade between the two regions.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This trend is relevant for policymakers and trade analysts studying Massachusetts' economic ties with Pacific Island nations.
Key Facts
- Massachusetts exported over $1 million in goods to Tonga in 2021.
- The number of identified Massachusetts exporters to Tonga has increased by 20% since 2015.
- Tonga was the 172nd largest export destination for Massachusetts in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique business entities located in the U.S. state of Massachusetts that export goods to the Pacific Island nation of Tonga.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into the trade relationship between Massachusetts and Tonga, which is useful for policymakers and economists studying regional export patterns and bilateral trade flows.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend can inform trade policy discussions and help identify opportunities to strengthen economic ties between Massachusetts and Tonga.
Q: Are there update delays or limitations?
A: There may be time lags in data reporting, and the metric only captures identified exporters, which may not represent the full scope of trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Tonga from Massachusetts (MATONA475SCEN), retrieved from FRED.