Value of Exports to Ireland from New Jersey
NJIRLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
362,135,316.00
Year-over-Year Change
226.81%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Ireland from New Jersey measures the total value of goods and services exported from the U.S. state of New Jersey to Ireland. This metric is important for economists and policymakers to analyze trade flows and economic relationships between 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 represents the total value, in U.S. dollars, of all merchandise exported from the state of New Jersey to Ireland. It is used by analysts to understand the trade dynamics and commercial activity between these two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other entities involved in international trade.
Historical Context
This export data informs discussions around trade policy, market access, and economic partnerships between the U.S. and Ireland.
Key Facts
- New Jersey is one of the top exporting states in the U.S.
- Ireland is a major trading partner for many U.S. states, including New Jersey.
- Exports contribute significantly to New Jersey's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of New Jersey to Ireland.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding trade flows and economic relationships between New Jersey and Ireland, which can inform policy discussions and business decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other entities involved in international trade.
Q: How is this trend used in economic policy?
A: This export data is used by policymakers and economists to analyze trade dynamics and inform discussions around trade policy, market access, and economic partnerships between the U.S. and Ireland.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the collecting agency.
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Citation
U.S. Federal Reserve, Value of Exports to Ireland from New Jersey (NJIRLA052SCEN), retrieved from FRED.