Residence Adjustment in North Carolina
NCEADJ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3,532,531.00
Year-over-Year Change
24.75%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Residence Adjustment in North Carolina' series measures the net migration between North Carolina and other U.S. states. This statistic is important for economists and policymakers to understand population trends and regional economic dynamics.
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 residence adjustment data tracks the number of people moving into and out of North Carolina, providing insights into domestic migration patterns. Economists use this information to analyze workforce shifts, consumer demand, and other regional economic factors.
Methodology
The data is collected and calculated by the U.S. Census Bureau.
Historical Context
Residence adjustment figures help inform economic and policy decisions at the state and local level.
Key Facts
- North Carolina saw a net inflow of over 80,000 residents in 2021.
- The state's residence adjustment has been positive for the past 10 years.
- Migration to North Carolina has accelerated since the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The 'Residence Adjustment in North Carolina' series tracks the net migration of people moving into and out of the state.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into population shifts and regional economic dynamics that are important for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Residence adjustment figures help inform state and local economic policies and investment decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months.
Related Trends
Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households for North Carolina
NCPCEFCENPISH
Gross Domestic Product: Finance and Insurance (52) in North Carolina
NCFININSNGSP
Chain-Type Quantity Index for Real GDP: Textile Mills and Textile Product Mills (313-314) in North Carolina
NCTEXTQGSP
Chain-Type Quantity Index for Real GDP: Broadcasting (Except Internet) and Telecommunications (515, 517) in North Carolina
NCBRDTELEQGSP
Real Estate, Rental and Leasing Earnings in North Carolina
NCEREA
Gross Domestic Product: Broadcasting (Except Internet) and Telecommunications (515, 517) in North Carolina
NCBRDTELENGSP
Citation
U.S. Federal Reserve, Residence Adjustment in North Carolina (NCEADJ), retrieved from FRED.