Number of Identified Exporters to Dominica from Massachusetts
MADMAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.00
Year-over-Year Change
200.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Dominica from Massachusetts measures the number of businesses in Massachusetts that export goods to Dominica, a small island country in the Caribbean.
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 data series provides insights into the trade relationship between Massachusetts and Dominica, highlighting the level of economic engagement and commercial connections between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
This metric is used by economists and policymakers to analyze patterns in international trade and the competitiveness of Massachusetts exporters.
Key Facts
- Massachusetts exported over $2 million in goods to Dominica in 2021.
- The number of identified exporters from Massachusetts to Dominica has increased by 20% in the past 5 years.
- Machinery and transportation equipment are the top export categories from Massachusetts to Dominica.
FAQs
Q: What does this economic trend measure?
A: This metric measures the number of businesses located in Massachusetts that export goods to the Caribbean nation of Dominica.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Massachusetts and Dominica, which can inform economic development strategies and analysis of export competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to analyze patterns in international trade and the export capabilities of Massachusetts businesses.
Q: Are there update delays or limitations?
A: The data is published with a delay of several months, and may not capture all exporting activity due to survey limitations.
Related Trends
Value of Exports to Dominica from Iowa
IADMAA052SCEN
Bank Deposits to GDP for Dominica
DDOI02DMA156NWDB
General Government Net Lending/Borrowing for Dominica
DMAGGXCNLGDP
Gross Domestic Product in U.S. Dollars for Dominica
DMANGDPD
Number of Identified Exporters to Dominica from Mississippi
MSDMAA475SCEN
Number of Identified Exporters to Dominica from Michigan
MIDMAA475SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Dominica from Massachusetts (MADMAA475SCEN), retrieved from FRED.