Number of Identified Exporters to Christmas Island from Massachusetts
MACXRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/2015
Summary
This economic trend measures the number of identified exporters to Christmas Island from the state of Massachusetts. It provides insight into the trade and commercial relationships between Massachusetts and Christmas Island.
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 Number of Identified Exporters to Christmas Island from Massachusetts is an important indicator of the commercial ties and trading activity between the two regions. It helps economists and policymakers understand the flow of goods and services between Massachusetts and this remote territory.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and international trade records.
Historical Context
This trend is relevant for understanding Massachusetts' export market diversification and the state's engagement with overseas territories.
Key Facts
- Massachusetts exported goods to Christmas Island in 2021.
- The number of identified exporters has remained stable over the past 5 years.
- Christmas Island is a remote Australian territory in the Indian Ocean.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses and exporters located in Massachusetts that are identified as shipping goods to Christmas Island, a remote Australian territory.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the trade and commercial relationships between Massachusetts and Christmas Island, which can inform economic policymaking and business strategies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and international trade records.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding Massachusetts' export market diversification and the state's engagement with overseas territories, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data may be subject to publication delays, and the small trade volume between Massachusetts and Christmas Island may limit the statistical significance of the trend.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Christmas Island from Massachusetts (MACXRA475SCEN), retrieved from FRED.