Number of Identified Exporters to Taiwan from New Jersey
NJTWNA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
912.00
Year-over-Year Change
-6.56%
Date Range
1/1/1992 - 1/1/2016
Summary
This trend measures the number of identified exporters from the U.S. state of New Jersey to Taiwan. It provides insights into trade relationships and the competitiveness of New Jersey businesses in the global 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 Taiwan from New Jersey' data series tracks the count of distinct companies located in New Jersey that export goods or services to Taiwan. This metric offers a window into the dynamics of international trade and economic integration at the state level.
Methodology
The data is collected through customs and trade reporting processes by the U.S. Census Bureau.
Historical Context
This information is valuable for policymakers, economic analysts, and businesses to understand regional export performance and trade patterns.
Key Facts
- New Jersey is a major exporting state, ranking among the top 10 in the U.S.
- Taiwan is one of New Jersey's top export destinations for goods and services.
- The number of identified exporters provides a proxy for economic dynamism and global engagement.
FAQs
Q: What does this economic trend measure?
A: This trend measures the count of distinct companies located in the U.S. state of New Jersey that export goods or services to Taiwan.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into the dynamics of international trade and economic integration at the state level, which is valuable for policymakers, analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through customs and trade reporting processes by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This information is used by policymakers, economic analysts, and businesses to understand regional export performance and trade patterns, which can inform policy decisions and business strategies.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags and could not capture all exporting activity, but it provides a valuable indicator of trade dynamics.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Taiwan from New Jersey (NJTWNA475SCEN), retrieved from FRED.