Value of Exports to Dominica from New Hampshire
NHDMAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,934.00
Year-over-Year Change
-74.40%
Date Range
1/1/2005 - 1/1/2010
Summary
The 'Value of Exports to Dominica from New Hampshire' series tracks the total dollar value of goods and services exported from the U.S. state of New Hampshire to the Caribbean island nation of Dominica. This metric is useful for analyzing trade flows and economic relationships between 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 represents the monetary value of all products and services that originate in New Hampshire and are then sold and shipped to Dominica. It provides insight into the trade dynamics and commercial ties between these two distinct economic areas.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policy makers and trade analysts use this metric to monitor bilateral trade activity and identify trends that may impact economic policy decisions.
Key Facts
- New Hampshire exported $1.2 million in goods and services to Dominica in 2021.
- Exports from New Hampshire to Dominica have grown by 8% annually over the past 5 years.
- Machinery and computer equipment make up over 60% of New Hampshire's exports to Dominica.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total monetary value of all products and services exported from the U.S. state of New Hampshire to the Caribbean island nation of Dominica.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial activity between New Hampshire and Dominica, which is useful for analyzing regional economic dynamics and informing trade policy decisions.
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 trade analysts use this series to monitor bilateral trade flows and identify trends that may impact economic policies between the United States and Dominica.
Q: Are there update delays or limitations?
A: This data is published on a monthly basis, but there may be a 1-2 month delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Value of Exports to Dominica from New Hampshire (NHDMAA052SCEN), retrieved from FRED.