Value of Exports to Dominica from Arizona
AZDMAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,203.00
Year-over-Year Change
56.11%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Arizona to the Caribbean island nation of Dominica. It provides insights into the trade relationship between these 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 Dominica from Arizona' series tracks the dollar value of goods and services exported from Arizona to Dominica over time. This metric is useful for analyzing Arizona's export performance and Dominica's trade dynamics with a specific U.S. state.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and economists use this trend to assess the health of Arizona's export sector and the broader trade relationship between the United States and Dominica.
Key Facts
- Arizona exported $1.2 million worth of goods to Dominica in 2021.
- Dominica accounts for less than 0.1% of Arizona's total export value.
- The top export categories from Arizona to Dominica are machinery and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of exports from the U.S. state of Arizona to the Caribbean island nation of Dominica.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the trade relationship between Arizona and Dominica, which is useful for policymakers, economists, and businesses analyzing regional export performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the health of Arizona's export sector and the broader trade dynamics between the United States and Dominica.
Q: Are there update delays or limitations?
A: There may be delays of several months in the release of this data due to the time required for collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Dominica from Arizona (AZDMAA052SCEN), retrieved from FRED.