Value of Exports to Dominican Republic from Nevada
NVDOMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,825,727.00
Year-over-Year Change
267.58%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Dominican Republic from Nevada' trend measures the total value of goods and services exported from the state of Nevada to the Dominican Republic. This metric is important for economists and policymakers to track regional trade flows and economic relationships.
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 dollar value of all products and services that originate in Nevada and are sold to buyers in the Dominican Republic. It provides insight into the trade dynamics between the two economies and can inform decisions around trade policy, business investment, and economic development strategies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policy makers and market analysts use this data to monitor the health of Nevada's export sector and its evolving trade relationship with the Dominican Republic.
Key Facts
- Nevada's exports to the Dominican Republic totaled $X.XX billion in the most recent year.
- The value of Nevada's exports to the Dominican Republic has grown by Y% over the past 5 years.
- The Dominican Republic is Nevada's Zth largest export market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the state of Nevada to the Dominican Republic.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship between Nevada and the Dominican Republic, which is important for informing economic policy, business strategy, and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this data to monitor the health of Nevada's export sector and its evolving trade relationship with the Dominican Republic.
Q: Are there update delays or limitations?
A: There may be some time lag in the availability of the most recent data due to the data collection process.
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Citation
U.S. Federal Reserve, Value of Exports to Dominican Republic from Nevada (NVDOMA052SCEN), retrieved from FRED.