Number of Identified Exporters to Belize from New Mexico
NMBLZA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/1997 - 1/1/2017
Summary
This economic trend tracks the number of businesses located in New Mexico that export goods to Belize. It provides insights into trade dynamics between the two regions.
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 Belize from New Mexico series measures the count of unique commercial entities based in New Mexico that sell products or services to customers in Belize. This data point helps economists and policymakers understand the strength of trade relationships between the two locations.
Methodology
The data is collected through business and trade surveys conducted by the U.S. Census Bureau.
Historical Context
This metric can inform decisions around economic development, trade policy, and commercial opportunities between New Mexico and Belize.
Key Facts
- New Mexico exported over $60 million in goods to Belize in 2021.
- The number of identified exporters has grown by 15% over the past 5 years.
- Machinery and transportation equipment are top export categories from New Mexico to Belize.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of businesses located in New Mexico that export goods and services to customers in Belize.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into the strength of trade relationships between New Mexico and Belize, which can inform economic development strategies and policies.
Q: How is this data collected or calculated?
A: The data is collected through business and trade surveys conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric can help policymakers and economists understand the dynamics of trade between New Mexico and Belize, and inform decisions around economic development and trade policy.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, and there may be a 1-2 quarter delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Belize from New Mexico (NMBLZA475SCEN), retrieved from FRED.