Value of Exports to Cook Islands from New Jersey
NJCOKA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,539.00
Year-over-Year Change
-51.50%
Date Range
1/1/2015 - 1/1/2017
Summary
The 'Value of Exports to Cook Islands from New Jersey' series measures the dollar value of goods exported from the state of New Jersey to the Cook Islands. This economic indicator provides insight into trade dynamics between the U.S. and this remote Pacific territory.
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 tracks the total value of physical goods, such as agricultural products or machinery, shipped from New Jersey businesses to customers in the Cook Islands. Economists and policymakers monitor this metric to assess the health of bilateral trade and commercial relationships.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Trends in this series are used to inform trade policy decisions and analyze the commercial ties between the U.S. and its Pacific island territories.
Key Facts
- New Jersey is a major exporting state, ranking 6th nationally by value of exports.
- The Cook Islands have a population of just 17,000 but are an important U.S. territory in the South Pacific.
- Exports from New Jersey to the Cook Islands have grown by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of physical goods exported from the state of New Jersey to the Cook Islands, a remote U.S. territory in the South Pacific.
Q: Why is this trend relevant for users or analysts?
A: Monitoring exports to the Cook Islands provides insights into the health of trade and commercial relationships between the U.S. and its Pacific territories, which is important for informing economic and trade policy decisions.
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: Trends in this series are used by economists and policymakers to analyze the state of bilateral trade and commercial ties between the U.S. and the Cook Islands.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in the availability of the latest data due to the time required for collection and reporting by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Cook Islands from New Jersey (NJCOKA052SCEN), retrieved from FRED.