Number of Identified Exporters to Bermuda from New Jersey
NJBMUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
612.00
Year-over-Year Change
47.47%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters from the U.S. state of New Jersey to the country of Bermuda. It provides insight into the trade relationship and commercial activity between these two locations.
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 Bermuda from New Jersey is a key indicator of the export activity and trade flows between New Jersey and Bermuda. Economists and policymakers use this data to analyze the strength of the commercial relationship and identify trends in trade patterns.
Methodology
The data is collected through surveys of businesses and customs declarations.
Historical Context
This trend is relevant for understanding regional trade dynamics and informing economic development strategies.
Key Facts
- New Jersey is one of the top exporting states in the U.S.
- Bermuda is a key trading partner for many U.S. states, including New Jersey.
- Exporter data provides insights into the diversification of a state's export markets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses and entities located in the U.S. state of New Jersey that are identified as exporting goods or services to the country of Bermuda.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the trade relationship between New Jersey and Bermuda, which can inform economic development strategies, investment decisions, and policy discussions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze regional trade patterns, identify opportunities for export growth, and inform decisions around trade agreements and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is subject to some reporting delays, as it relies on survey responses and customs declarations. Additionally, the level of detail may vary depending on the confidentiality of individual business information.
Related Trends
Value of Exports to Bermuda from Utah
UTBMUA052SCEN
Number of Identified Exporters to Bermuda from Ohio
OHBMUA475SCEN
Value of Exports to Bermuda from Massachusetts
MABMUA052SCEN
Number of Identified Exporters to Bermuda from Texas
TXBMUA475SCEN
Bank Concentration for Bermuda
DDOI01BMA156NWDB
Net Issues of International Debt Securities for Issuers in Non-Financial Corporations (Corporate Issuers), All Maturities, Residence of Issuer in Bermuda
IDSNFAMRINIBM
Citation
U.S. Federal Reserve, Number of Identified Exporters to Bermuda from New Jersey (NJBMUA475SCEN), retrieved from FRED.