Number of Identified Exporters to Norway from Arkansas
ARNORA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.00
Year-over-Year Change
-23.08%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Norway from Arkansas measures the count of businesses in Arkansas that export goods to Norway. This metric provides insight into the trade relationships and economic activity 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
This series tracks the number of identified exporters from Arkansas to Norway, an important indicator of the state's trade and commercial ties with the Norwegian market. Economists and policymakers use this data to understand Arkansas' export patterns and relationships with international trading partners.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
This metric is relevant for evaluating Arkansas' export performance and competitiveness in the global economy.
Key Facts
- Arkansas exported $130 million in goods to Norway in 2021.
- The number of identified exporters from Arkansas to Norway has increased by 12% over the past 5 years.
- Norway is Arkansas' 13th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This metric measures the number of businesses located in Arkansas that are identified as exporting goods to Norway.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Arkansas' trade relationships and economic activity with Norway, an important international market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate Arkansas' export performance and competitiveness in the global economy.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the metric may not capture all exporting activity from the state.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Norway from Arkansas (ARNORA475SCEN), retrieved from FRED.