Value of Exports to Bermuda from California
CABMUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,433,437.00
Year-over-Year Change
104.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Bermuda from California' series measures the total dollar value of goods and services exported from California to Bermuda. This metric provides insight into California's trade relationship with Bermuda and is relevant for economists and policymakers assessing regional economic trends.
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 value of all merchandise and services exported from California to the island nation of Bermuda. It is a key indicator of the commercial ties between the two economies and helps quantify the importance of Bermuda as an export market for California businesses.
Methodology
The data is collected by the U.S. Census Bureau through surveys of California-based exporters.
Historical Context
Economists and trade analysts use this series to evaluate California's trade performance and integration with international markets.
Key Facts
- California is the largest exporting state in the U.S.
- Bermuda is a major financial center in the Caribbean region.
- Exports to Bermuda make up a small but steady portion of California's total exports.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of goods and services exported from the state of California to the country of Bermuda.
Q: Why is this trend relevant for users or analysts?
A: The value of exports from California to Bermuda provides insight into the trade relationship between the two economies and California's export performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of California-based exporters.
Q: How is this trend used in economic policy?
A: Economists and trade analysts use this series to evaluate California's trade integration and performance in international markets.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks.
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Citation
U.S. Federal Reserve, Value of Exports to Bermuda from California (CABMUA052SCEN), retrieved from FRED.