Value of Exports to Greenland from Massachusetts
MAGRLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
391,825.00
Year-over-Year Change
161.63%
Date Range
1/1/2005 - 1/1/2017
Summary
The 'Value of Exports to Greenland from Massachusetts' metric tracks the total value of goods exported from Massachusetts to Greenland. This provides insight into the economic relationship and trade flows between the two 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 series measures the monetary value of physical goods transported from Massachusetts to Greenland. It is used by economists and policymakers to evaluate the strength of the trade partnership and identify trends in the export-import balance.
Methodology
The data is collected by the U.S. Census Bureau through surveys of companies engaged in international trade.
Historical Context
Monitoring exports to Greenland helps inform trade and economic policies between the United States and its Arctic partners.
Key Facts
- Massachusetts is a major exporter to Greenland.
- Exports to Greenland account for a small but growing share of Massachusetts' international trade.
- Trade with Greenland supports jobs and economic activity in Massachusetts.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total monetary value of physical goods exported from the U.S. state of Massachusetts to the country of Greenland.
Q: Why is this trend relevant for users or analysts?
A: Monitoring exports to Greenland provides insight into the economic relationship and trade flows between Massachusetts and this Arctic partner.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of companies engaged in international trade.
Q: How is this trend used in economic policy?
A: Tracking exports to Greenland helps inform trade and economic policies between the United States and its Arctic partners.
Q: Are there update delays or limitations?
A: The data is published regularly but may have a delay of several months before the latest figures are available.
Related Trends
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Value of Exports to Greenland from Utah
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Number of Identified Exporters to Greenland from Georgia
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Value of Exports to Greenland from Wisconsin
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Number of Identified Exporters to Greenland from Alabama
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Citation
U.S. Federal Reserve, Value of Exports to Greenland from Massachusetts (MAGRLA052SCEN), retrieved from FRED.