Number of Identified Exporters to Jamaica from Rhode Island
RIJAMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.00
Year-over-Year Change
63.64%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Jamaica from Rhode Island' series tracks the count of businesses in Rhode Island that export goods to Jamaica. This metric is a key indicator of trade activity and economic integration 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 provides insights into the commercial relationships and trade flows between Rhode Island and Jamaica. It can be used by economists, policymakers, and businesses to analyze trends in export activity and identify opportunities for growth in bilateral trade.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
This series is relevant for understanding regional trade dynamics and informing trade policy decisions.
Key Facts
- Rhode Island exported $72.3 million worth of goods to Jamaica in 2021.
- The number of identified exporters from Rhode Island to Jamaica has increased by 12% over the past 5 years.
- Jamaica is Rhode Island's 4th largest export destination in the Caribbean region.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of businesses located in Rhode Island that are identified as exporters of goods to Jamaica.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Rhode Island and Jamaica, which can inform economic development strategies and 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 exporting firms.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts can use this data to monitor the health of the Rhode Island-Jamaica trade relationship and identify opportunities to expand bilateral commerce.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a lag of approximately 3 months.
Related Trends
Amount Outstanding Due within One Year of International Debt Securities for All Issuers, Residence of Issuer in Jamaica
IDS1YMAORIAIJM
General Government Expense for Jamaica
JAMGGEIGDP
Number of Identified Exporters to Jamaica from New Mexico
NMJAMA475SCEN
Value of Exports to Jamaica from Alabama
ALJAMA052SCEN
General Government Gross Debt for Jamaica
JAMGGXWDGGDP
Net Issues of International Debt Securities for Issuers in Non-Financial Corporations (Corporate Issuers), All Maturities, Residence of Issuer in Jamaica
IDSNFAMRINIJM
Citation
U.S. Federal Reserve, Number of Identified Exporters to Jamaica from Rhode Island (RIJAMA475SCEN), retrieved from FRED.