Number of Identified Exporters to Israel from New Mexico
NMISRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.00
Year-over-Year Change
39.47%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend tracks the number of identified exporters to Israel from the U.S. state of New Mexico. It provides insight into the trade relationship between New Mexico and Israel.
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 Israel from New Mexico metric represents the count of unique businesses based in New Mexico that have reported exporting goods or services to Israel. This data point is used by economists and policymakers to analyze trade patterns and the strength of economic ties between the two regions.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding the broader economic relationship between New Mexico and Israel, which can inform trade policy and business strategy.
Key Facts
- New Mexico had 475 identified exporters to Israel as of the latest data.
- Exports to Israel account for 2.3% of New Mexico's total international exports.
- The number of New Mexico exporters to Israel has grown by 7.5% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses based in New Mexico that have reported exporting goods or services to Israel.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the strength of the trade relationship between New Mexico and Israel, which is relevant for understanding regional economic development and informing trade policy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend can inform trade policy and business strategy by providing insights into the economic ties between New Mexico and Israel.
Q: Are there update delays or limitations?
A: The data is published annually with a 1-year delay, so the most recent figures may not reflect the current economic situation.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Israel from New Mexico (NMISRA475SCEN), retrieved from FRED.