Value of Exports to Morocco from New Jersey
NJMARA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
88,088,945.00
Year-over-Year Change
2049.23%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Morocco from New Jersey' trend measures the total dollar value of goods and services exported from the state of New Jersey to the country of Morocco. This metric is important for understanding trade flows and economic relationships between U.S. regions and international markets.
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 tracks the dollar value of exports originating from New Jersey and destined for Morocco. It is a key indicator of the trade relationship and commercial activity between the state and this North African country. Economists and policymakers use this data to analyze regional export patterns and their broader economic implications.
Methodology
The data is collected and reported by the U.S. Census Bureau based on documentation of international shipments.
Historical Context
Trends in state-level exports are relevant for informing trade, economic development, and foreign policy decisions.
Key Facts
- New Jersey is a major exporting state in the U.S.
- Morocco is an important trading partner for the American Southeast region.
- Export values can fluctuate due to exchange rates, tariffs, and global demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the state of New Jersey to the country of Morocco.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding trade flows and economic relationships between U.S. regions and international markets.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on documentation of international shipments.
Q: How is this trend used in economic policy?
A: Trends in state-level exports are relevant for informing trade, economic development, and foreign policy decisions.
Q: Are there update delays or limitations?
A: Export values can fluctuate due to exchange rates, tariffs, and global demand.
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Citation
U.S. Federal Reserve, Value of Exports to Morocco from New Jersey (NJMARA052SCEN), retrieved from FRED.