Number of Identified Exporters to Canada from North Carolina
NCCANA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,724.00
Year-over-Year Change
22.02%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Canada from North Carolina' trend measures the total number of businesses and individuals from North Carolina that export goods and services to Canada. This metric is important for understanding North Carolina's trade dynamics and economic integration with its largest international market.
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 unique North Carolina-based entities that have reported exporting products or services to Canada. It provides insight into the scale and diversity of North Carolina's export activity, which is a key driver of economic growth and regional competitiveness.
Methodology
The data is collected and reported by the U.S. Census Bureau through its Exporter Database.
Historical Context
Policymakers and trade analysts use this metric to assess North Carolina's trade performance and competitiveness in the Canadian market.
Key Facts
- North Carolina is the 9th largest exporting state in the U.S.
- Canada is North Carolina's largest international export market.
- Exports support over 1 million jobs in North Carolina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses and individuals located in North Carolina that have reported exporting goods or services to Canada.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and diversity of North Carolina's export activity, which is a key driver of economic growth and regional competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its Exporter Database.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess North Carolina's trade performance and competitiveness in the Canadian market.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the U.S. Census Bureau, but may have a several month delay in reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Canada from North Carolina (NCCANA475SCEN), retrieved from FRED.