Number of Identified Exporters to Democratic People's Republic of Korea from New Jersey
NJPRKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2004 - 1/1/2015
Summary
This economic trend tracks the number of identified exporters to the Democratic People's Republic of Korea (North Korea) from the U.S. state of New Jersey. It provides insights into trade patterns and economic ties between New Jersey and North Korea.
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 Democratic People's Republic of Korea from New Jersey series measures the count of unique companies or individuals located in New Jersey that have reported exporting goods or services to North Korea. This data offers visibility into the commercial relationships between the state of New Jersey and the North Korean economy.
Methodology
The data is collected and reported by the U.S. Census Bureau through mandatory exporter surveys and administrative records.
Historical Context
This trend is used by economists, policymakers, and trade analysts to monitor the evolving economic ties between the United States and North Korea.
Key Facts
- New Jersey is a major U.S. exporting state.
- Trade with North Korea is limited due to sanctions.
- The number of identified exporters has fluctuated over time.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies and individuals located in the U.S. state of New Jersey that have reported exporting goods or services to North Korea.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the economic ties between New Jersey and North Korea, which is useful for trade policy analysis and understanding the evolving commercial relationship between the U.S. and North Korea.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory exporter surveys and administrative records.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and trade analysts use this trend to monitor the impact of sanctions and other policies on the commercial relationship between the United States and North Korea.
Q: Are there update delays or limitations?
A: There may be delays in reporting due to the complexity of tracking exporter data, and the number of identified exporters may not capture all trade activity due to data collection challenges.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Democratic People's Republic of Korea from New Jersey (NJPRKA475SCEN), retrieved from FRED.