Value of Exports to Dominican Republic from New Jersey

NJDOMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

174,430,335.00

Year-over-Year Change

140.66%

Date Range

1/1/1992 - 1/1/2017

Summary

This economic trend measures the value of exports from the U.S. state of New Jersey to the Dominican Republic. It provides insights into trade flows and economic ties 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

The Value of Exports to Dominican Republic from New Jersey metric tracks the monetary value of goods and services exported from New Jersey to the Dominican Republic over time. It is an important indicator of the commercial relationship and economic integration between the two areas.

Methodology

The data is collected and calculated by the U.S. Census Bureau based on official trade records.

Historical Context

This metric is used by economists, policymakers, and businesses to analyze trade patterns and commercial activity.

Key Facts

  • New Jersey is a major exporting state in the U.S.
  • The Dominican Republic is an important trading partner for many U.S. states.
  • Tracking state-level export values provides insights into regional economic ties.

FAQs

Q: What does this economic trend measure?

A: This metric measures the monetary value of exports from the U.S. state of New Jersey to the Dominican Republic over time.

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

A: Tracking state-level export values is relevant for understanding regional trade patterns and economic relationships between different areas.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Census Bureau based on official trade records.

Q: How is this trend used in economic policy?

A: This metric is used by economists, policymakers, and businesses to analyze trade flows and commercial activity between regions.

Q: Are there update delays or limitations?

A: There may be some delays in data reporting and updates due to the time required to collect and process trade records.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Dominican Republic from New Jersey (NJDOMA052SCEN), retrieved from FRED.