Value of Exports to Bulgaria from New Jersey
NJBGRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,755,988.00
Year-over-Year Change
26.66%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Bulgaria from New Jersey measures the total value of goods and services exported from the state of New Jersey to Bulgaria. This metric provides insight into the economic trade relationship 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 series tracks the dollar value of exports originating from New Jersey that are destined for Bulgaria. It is an important indicator of the commercial and trade ties between the state and the Eastern European country.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to monitor the flow of goods and services between New Jersey and its international trading partners.
Key Facts
- New Jersey is one of the largest exporting states in the U.S.
- Bulgaria is an emerging market for New Jersey exporters.
- Exports play a vital role in New Jersey's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the state of New Jersey to Bulgaria.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between New Jersey and Bulgaria, which is important for understanding regional economic dynamics and commercial ties.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the flow of goods and services between New Jersey and its international trading partners, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and revision policies of the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Bulgaria from New Jersey (NJBGRA052SCEN), retrieved from FRED.