Number of Identified Exporters to United Arab Emirates from New Jersey
NJAREA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,203.00
Year-over-Year Change
68.72%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to United Arab Emirates from New Jersey' trend measures the total number of businesses located in New Jersey that export goods to the United Arab Emirates. This data provides insights into the trade relationship between New Jersey and the UAE.
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 represents the count of unique companies in New Jersey that have reported exporting goods to the United Arab Emirates in a given period. It serves as an indicator of the export activity and trade levels between the state and this important Middle Eastern market.
Methodology
The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this metric to monitor the health of New Jersey's export sector and its evolving trade ties with the UAE.
Key Facts
- The UAE is New Jersey's 10th largest export destination.
- Exports to the UAE support over 8,000 jobs in New Jersey.
- New Jersey exports a diverse range of products to the UAE, including machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses located in New Jersey that export goods to the United Arab Emirates in a given period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between New Jersey and the UAE, which is an important economic partner for the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to monitor the health of New Jersey's export sector and its evolving trade ties with the UAE.
Q: Are there update delays or limitations?
A: The data is published with a 2-3 month lag, and may not capture all exporting activity due to survey limitations.
Related Trends
Value of Exports to United Arab Emirates from Ohio
OHAREA052SCEN
Central Bank Assets to GDP for United Arab Emirates
DDDI06AEA156NWDB
Use of Financial Services: Key Indicators, Household Deposit Accounts with Commercial Banks Per 1000 Adults for United Arab Emirates
AREFCAODCHANUM
Amount Outstanding of International Debt Securities for All Issuers, All Maturities, Residence of Issuer in United Arab Emirates
IDSAMRIAOAE
Total External Debt for United Arab Emirates
AREDGDPGDPPT
Value of Exports to United Arab Emirates from Minnesota
MNAREA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to United Arab Emirates from New Jersey (NJAREA475SCEN), retrieved from FRED.