Number of Identified Exporters to Saint Kitts and Nevis from New Jersey
NJKNAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.00
Year-over-Year Change
166.67%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to Saint Kitts and Nevis from New Jersey' measures the count of businesses located in New Jersey that have reported exporting goods or services to the Caribbean island nation of Saint Kitts and Nevis. This metric provides insight into trade flows and economic linkages between the U.S. state and the island country.
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 number of distinct exporting entities based in New Jersey that have reported selling products or services to customers in Saint Kitts and Nevis. It serves as an indicator of the strength and breadth of trade relationships between the two regions, which can inform economic analysis and policy decisions.
Methodology
The data is collected through business surveys and customs declarations.
Historical Context
Policymakers and trade analysts monitor this series to assess the health of import-export activity between the U.S. and the Caribbean.
Key Facts
- New Jersey is the 11th largest state economy in the U.S.
- Saint Kitts and Nevis has a population of around 53,000 people.
- Exports account for over 60% of Saint Kitts and Nevis' GDP.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of distinct businesses located in New Jersey that have reported exporting goods or services to Saint Kitts and Nevis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of trade relationships and economic linkages between New Jersey and the Caribbean island nation of Saint Kitts and Nevis.
Q: How is this data collected or calculated?
A: The data is collected through business surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts monitor this series to assess the health of import-export activity between the U.S. and the Caribbean region.
Q: Are there update delays or limitations?
A: There may be delays in reporting and limitations in capturing all exporting entities, as the data relies on voluntary business surveys and customs declarations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Saint Kitts and Nevis from New Jersey (NJKNAA475SCEN), retrieved from FRED.