Value of Exports to Dominican Republic from Mississippi
MSDOMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40,539,536.00
Year-over-Year Change
-26.99%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Dominican Republic from Mississippi' trend measures the total value of goods and services exported from the state of Mississippi to the Dominican Republic. This metric is important for economists and policymakers to analyze trade flows and economic relationships between U.S. states and foreign countries.
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 series tracks the dollar value of all merchandise and services shipped from Mississippi to the Dominican Republic. It provides insights into the commercial and economic ties between the two regions, which is relevant for trade policy, investment decisions, and understanding regional economic dynamics.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
Policymakers and analysts use this trend to evaluate Mississippi's export performance and competitiveness in the Dominican market.
Key Facts
- Mississippi exported $104 million worth of goods to the Dominican Republic in 2021.
- The top export categories from Mississippi to the Dominican Republic are machinery, chemicals, and agricultural products.
- Exports from Mississippi to the Dominican Republic have grown by 7% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Dominican Republic from Mississippi' measures the total dollar value of goods and services exported from the state of Mississippi to the Dominican Republic.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the trade relationship and economic ties between Mississippi and the Dominican Republic, which is relevant for policymakers, businesses, and economists analyzing regional trade flows and economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms located in Mississippi.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate Mississippi's export performance and competitiveness in the Dominican market, which can inform trade policy, investment decisions, and strategies to promote regional economic growth.
Q: Are there update delays or limitations?
A: There is typically a 2-3 month delay in the release of this data by the U.S. Census Bureau. The data may also be subject to revisions over time as more complete information becomes available.
Related Trends
Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Deposit Takers for Dominican Republic
DOMFCBODDLNUM
Use of Financial Services Borrowers: Households Borrowing from Other Deposit Takers for Dominican Republic
DOMFCRODDHPENUM
Value of Exports to Dominican Republic from Illinois
ILDOMA052SCEN
Use of Financial Services: Number of Depositors which are Small and Medium Enterprises at Other Deposit Takers for Dominican Republic
DOMFCDODDSPENUM
Bank's Net Interest Margin for Dominican Republic
DDEI01DOA156NWDB
Geographical Outreach: Number of Credit Unions and Financial Cooperatives for Dominican Republic
DOMFCIODUNUM
Citation
U.S. Federal Reserve, Value of Exports to Dominican Republic from Mississippi (MSDOMA052SCEN), retrieved from FRED.