Value of Exports to Chad from New Jersey
NJTCDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57,794.00
Year-over-Year Change
-52.02%
Date Range
1/1/2004 - 1/1/2016
Summary
The 'Value of Exports to Chad from New Jersey' trend measures the total dollar value of goods and services exported from the U.S. state of New Jersey to the country of Chad. This metric is important for economists and policymakers to understand trade dynamics and market opportunities.
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 monetary value of all products and services shipped from New Jersey to Chad. It is a key indicator of the trade relationship and economic ties between the two regions. Analysts use this data to evaluate export patterns, identify growth sectors, and inform decisions around trade policy and investment.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and businesses monitor this trend to assess the health of the state-to-country trade relationship and identify opportunities for expansion.
Key Facts
- New Jersey is a major exporting state in the U.S.
- Chad is a developing economy in Central Africa.
- Exports to Chad make up a small fraction of New Jersey's total exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of goods and services exported from the U.S. state of New Jersey to the country of Chad.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding trade dynamics and market opportunities between New Jersey and Chad. It informs economic policy and investment decisions.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and businesses monitor this trend to assess the state-to-country trade relationship and identify opportunities for export growth.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the trend only captures exports from New Jersey, not the full U.S.-Chad trade picture.
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Citation
U.S. Federal Reserve, Value of Exports to Chad from New Jersey (NJTCDA052SCEN), retrieved from FRED.