Number of Identified Exporters to Iraq from New Jersey
NJIRQA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.00
Year-over-Year Change
191.49%
Date Range
1/1/2003 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to Iraq from the U.S. state of New Jersey. It provides insights into the trade activities and commercial relationships between New Jersey businesses and the Iraqi market.
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 Iraq from New Jersey trend tracks the count of unique businesses located in New Jersey that have reported exporting goods or services to Iraq. This metric is used by economists and policymakers to gauge the level of trade engagement and commercial ties between the state and the Iraqi economy.
Methodology
The data is collected through surveys and administrative records of exporting activities.
Historical Context
This trend is relevant for understanding state-level trade dynamics and the potential impacts of economic policies on export-oriented businesses.
Key Facts
- New Jersey is a major exporting state, accounting for over $50 billion in annual exports.
- Iraq is an important trading partner for many U.S. states, especially in sectors like agriculture and machinery.
- The number of identified exporters can fluctuate based on changes in trade policies and market conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the U.S. state of New Jersey that have reported exporting goods or services to Iraq.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade engagement and commercial relationships between New Jersey-based businesses and the Iraqi market, which is valuable for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records of exporting activities.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding state-level trade dynamics and the potential impacts of economic policies on export-oriented businesses.
Q: Are there update delays or limitations?
A: The number of identified exporters can fluctuate based on changes in trade policies and market conditions, and there may be delays in data reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Iraq from New Jersey (NJIRQA475SCEN), retrieved from FRED.