Value of Exports to Congo from North Carolina
NCCOGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
356,254.00
Year-over-Year Change
-67.75%
Date Range
1/1/2006 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of North Carolina to the Democratic Republic of the Congo. It provides insight into the trade relationship and commercial activity between these 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
The Value of Exports to Congo from North Carolina series tracks the dollar value of goods and services exported from North Carolina to the Democratic Republic of the Congo on a monthly basis. This metric is used by economists and policymakers to analyze trade flows and commercial ties between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This export data informs trade policy discussions and business decisions related to North Carolina's economic connections with the Congolese market.
Key Facts
- North Carolina is a major exporting state in the U.S.
- The Democratic Republic of the Congo is a growing market in Africa.
- Trade between North Carolina and Congo has fluctuated in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of goods and services exported from the U.S. state of North Carolina to the Democratic Republic of the Congo on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insight into the commercial relationship and trade flows between North Carolina and the Congolese market, which is relevant for economic policymakers, businesses, and researchers analyzing regional trade patterns.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This export data informs trade policy discussions and business decisions related to North Carolina's economic connections with the Congolese market.
Q: Are there update delays or limitations?
A: There may be delays in reporting this monthly data, and the figures could be subject to revisions by the collecting agency.
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Citation
U.S. Federal Reserve, Value of Exports to Congo from North Carolina (NCCONGA052SCEN), retrieved from FRED.