Value of Exports to Austria from North Carolina
NCAUTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
287,512,047.00
Year-over-Year Change
938.99%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Austria from North Carolina' series measures the dollar value of goods and services exported from North Carolina to Austria. This metric is important for understanding North Carolina's international trade relationships and economic integration.
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 total value of exports originating from North Carolina that are destined for Austria. It provides insight into the strength of economic ties and trade flows between the two regions, which is valuable information for policymakers, businesses, and economic analysts.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Historical Context
Trends in this metric can inform assessments of North Carolina's export competitiveness and market access in the European Union.
Key Facts
- North Carolina exported $305 million in goods and services to Austria in 2021.
- Exports to Austria account for 1.2% of North Carolina's total international exports.
- Austria is North Carolina's 25th-largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the state of North Carolina to Austria.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the economic relationship and trade flows between North Carolina and Austria, which is valuable information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: Trends in this metric can inform assessments of North Carolina's export competitiveness and market access in the European Union, which is relevant for trade, investment, and economic development policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically 2-3 months after the end of the reference period.
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Citation
U.S. Federal Reserve, Value of Exports to Austria from North Carolina (NCAUTA052SCEN), retrieved from FRED.