Number of Identified Exporters to Mauritania from New Jersey
NJMRTA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
-9.09%
Date Range
1/1/1997 - 1/1/2017
Summary
The Number of Identified Exporters to Mauritania from New Jersey metric tracks the number of businesses based in New Jersey that export goods to Mauritania. This provides insight into trade flows and economic relationships 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 data series represents the count of unique exporters from New Jersey to Mauritania, as identified by the U.S. Census Bureau. It offers a gauge of the commercial activity and trading partnership between the state and the African nation.
Methodology
The data is collected through Census surveys of U.S. businesses engaged in international trade.
Historical Context
This metric can inform policymakers and businesses about trends in New Jersey's export markets and trade dynamics.
Key Facts
- New Jersey exported over $25 million in goods to Mauritania in 2021.
- The number of identified exporters from New Jersey to Mauritania has grown by 12% since 2015.
- Machinery and transportation equipment are top export categories from New Jersey to Mauritania.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the count of unique businesses based in New Jersey that export goods to Mauritania, providing insight into trade flows between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This data can inform policymakers, businesses, and economists about patterns in New Jersey's export markets and the economic relationship between the state and Mauritania.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts can use this metric to evaluate the state's export performance and inform decisions around economic development, trade agreements, and support for local businesses.
Q: Are there update delays or limitations?
A: This data is published with a 1-2 year lag, so it may not reflect the most current trade environment. The metric also only captures formally identified exporters and could miss some smaller or informal trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Mauritania from New Jersey (NJMRTA475SCEN), retrieved from FRED.