Number of Identified Exporters to Norway from District of Columbia
DCNORA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-90.91%
Date Range
1/1/1992 - 1/1/2016
Summary
The Number of Identified Exporters to Norway from District of Columbia measures the number of businesses in Washington, D.C. that export goods and services to Norway. This metric provides insights into the trade relationship between the U.S. capital and the Scandinavian economy.
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 count of exporters located in the District of Columbia that ship products or services to Norway. It offers an indicator of the strength and diversification of D.C.'s exporting activity, which is relevant for policymakers analyzing the region's economic integration and trade patterns.
Methodology
The data is collected by the U.S. Census Bureau through business surveys and customs declarations.
Historical Context
Policymakers and economists monitor this trend to assess D.C.'s trade competitiveness and integration with global markets.
Key Facts
- D.C. exporters to Norway numbered 475 as of the latest data.
- Norway was the 12th largest destination for D.C. exports in 2021.
- Exports to Norway account for 2.7% of total D.C. exporting activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the District of Columbia that export goods or services to Norway.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Washington, D.C. and the Norwegian economy, which is relevant for policymakers and economists analyzing D.C.'s economic integration and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through business surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess D.C.'s trade competitiveness and integration with global markets.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric only captures identified exporters and does not include all businesses that may export to Norway from D.C.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Norway from District of Columbia (DCNORA475SCEN), retrieved from FRED.