Value of Exports to Nauru from Illinois
ILNRUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64,479.00
Year-over-Year Change
0.00%
Date Range
1/1/2006 - 1/1/2006
Summary
The 'Value of Exports to Nauru from Illinois' trend measures the value of goods and services exported from the U.S. state of Illinois to the island nation of Nauru. This metric is important for economists and policymakers to understand trade flows and commercial relationships between 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 economic series tracks the total dollar value of merchandise and services exported from Illinois to Nauru over time. It is used to assess the strength of trade ties and commercial activity between the two locations, which can inform economic and trade policy decisions.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and market analysts use this trend to monitor the state of Illinois' export activity and commercial engagement with Nauru.
Key Facts
- Illinois is a major exporting state in the U.S.
- Nauru is a small island nation in the Pacific Ocean.
- Trade between Illinois and Nauru is relatively low in value.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Illinois to the island nation of Nauru.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding trade flows and commercial relationships between regions, which can inform economic and trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to monitor the state of Illinois' export activity and commercial engagement with Nauru.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and limitations in capturing all export activity between the two locations.
Related Trends
Net Issues of International Debt Securities for All Issuers, All Maturities, Residence of Issuer in Nauru
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Number of Identified Exporters to Nauru from Connecticut
CTNRUA475SCEN
Number of Identified Exporters to Nauru from Virginia
VANRUA475SCEN
Value of Exports to Nauru from California
CANRUA052SCEN
Number of Identified Exporters to Nauru from New Jersey
NJNRUA475SCEN
Number of Identified Exporters to Nauru from Massachusetts
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Citation
U.S. Federal Reserve, Value of Exports to Nauru from Illinois (ILNRUA052SCEN), retrieved from FRED.