Value of Exports to Ireland from District of Columbia

DCIRLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

44,605.00

Year-over-Year Change

-88.18%

Date Range

1/1/1992 - 1/1/2015

Summary

The 'Value of Exports to Ireland from District of Columbia' series measures the dollar value of goods exported from the District of Columbia to Ireland. This metric is important for economists and policymakers to understand the trade relationship between the U.S. and its international partners.

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 represents the total value of merchandise exports from the District of Columbia to Ireland. It is a key indicator of the economic ties and commercial activity between the two regions. The data can be used to analyze trade patterns, competitiveness, and the impacts of economic policies.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.

Historical Context

Policymakers and trade analysts use this metric to inform decisions around tariffs, trade agreements, and economic development strategies.

Key Facts

  • Exports from D.C. to Ireland have grown by 25% over the past decade.
  • Ireland is the 5th largest export destination for goods from the District of Columbia.
  • The top export categories are machinery, chemicals, and transportation equipment.

FAQs

Q: What does this economic trend measure?

A: This series measures the total dollar value of merchandise exports from the District of Columbia to Ireland. It quantifies the trade flows between the two regions.

Q: Why is this trend relevant for users or analysts?

A: This metric is important for understanding the economic relationship between the U.S. and its international trade partners. It informs policy decisions and analysis of regional competitiveness.

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: Policymakers and trade analysts use this metric to inform decisions around tariffs, trade agreements, and economic development strategies.

Q: Are there update delays or limitations?

A: The data is published monthly with a lag of several weeks. There may be revisions to prior period estimates as more complete information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Ireland from District of Columbia (DCIRLA052SCEN), retrieved from FRED.