Value of Exports to Dominica from Massachusetts
MADMAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
504,452.00
Year-over-Year Change
160.28%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Dominica from Massachusetts' series measures the total value of goods exported from Massachusetts to the Caribbean nation of Dominica. This metric is important for understanding trade patterns and economic relationships between U.S. states and other countries.
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 indicator tracks the dollar value of all physical merchandise exported from Massachusetts to Dominica, a small island country in the West Indies. It provides insight into the commercial activity and trade flows between the U.S. state and this Caribbean trading partner.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters.
Historical Context
Policymakers and economists use this metric to analyze state-level trade dynamics and the economic integration of regional markets.
Key Facts
- Dominica is a small island nation in the Caribbean Sea.
- Massachusetts is a major exporting state in the northeastern U.S.
- Trade between U.S. states and foreign countries is an important economic indicator.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of physical goods exported from the U.S. state of Massachusetts to the Caribbean nation of Dominica.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial activity between a U.S. state and a foreign country, which is valuable for understanding regional economic dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this state-level trade data to analyze regional economic integration and the impacts of trade policies on subnational markets.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series only covers physical merchandise exports, not services trade.
Related Trends
Value of Exports to Dominica from Nebraska
NEDMAA052SCEN
Number of Bank Branches for Dominica
DDAI02DMA643NWDB
Number of Identified Exporters to Dominica from Idaho
IDDMAA475SCEN
Number of Identified Exporters to Dominica from Illinois
ILDMAA475SCEN
Value of Exports to Dominica from Mississippi
MSDMAA052SCEN
Number of Identified Exporters to Dominica from North Dakota
NDDMAA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Dominica from Massachusetts (MADMAA052SCEN), retrieved from FRED.