Value of Exports to the Plurinational State of Bolivia from New Jersey
NJBOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,696,698.00
Year-over-Year Change
187.10%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of New Jersey to the Plurinational State of Bolivia. It provides insight into trade flows and economic activity between these 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
The 'Value of Exports to the Plurinational State of Bolivia from New Jersey' series tracks the dollar value of merchandise goods shipped from New Jersey to Bolivia on a monthly basis. This data is useful for analyzing trade patterns, supply chain dynamics, and the strength of economic ties between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and trade analysts use this series to assess the health of New Jersey's export markets and the broader economic relationship between the United States and Bolivia.
Key Facts
- New Jersey is a major U.S. exporting state.
- Bolivia is a key South American trading partner.
- Exports from New Jersey to Bolivia have grown in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of merchandise goods exported from the U.S. state of New Jersey to the Plurinational State of Bolivia on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into trade flows and economic activity between New Jersey and Bolivia, which is useful for policymakers, trade analysts, and businesses seeking to understand regional export markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to assess the health of New Jersey's export markets and the broader economic relationship between the United States and Bolivia.
Q: Are there update delays or limitations?
A: The data is subject to typical lags in government statistical reporting, with a delay of several months between the reference period and public release.
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Citation
U.S. Federal Reserve, Value of Exports to the Plurinational State of Bolivia from New Jersey (NJBOLA052SCEN), retrieved from FRED.