Forestry, Fishing, Related Activities, and Other Earnings in North Carolina

NCEFOR • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

842,301.00

Year-over-Year Change

8.13%

Date Range

1/1/1998 - 1/1/2025

Summary

This economic trend measures earnings in the forestry, fishing, and related activities sector in North Carolina. It provides insights into the performance and income levels of this important regional industry.

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 Forestry, Fishing, Related Activities, and Other Earnings in North Carolina measure the total earnings generated by establishments primarily engaged in forestry, fishing, hunting, and support activities for these industries within the state. This data helps analysts and policymakers understand the economic dynamics of this natural resource-based sector.

Methodology

The data is collected by the U.S. Bureau of Economic Analysis through surveys and administrative sources.

Historical Context

Tracking earnings in this sector is crucial for understanding the health of North Carolina's rural economy and resource-dependent communities.

Key Facts

  • North Carolina is a major forestry and fishing state.
  • Earnings in this sector have fluctuated over the past decade.
  • The data is used to inform policies supporting resource-based industries.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total earnings generated by establishments primarily engaged in forestry, fishing, hunting, and support activities for these industries within the state of North Carolina.

Q: Why is this trend relevant for users or analysts?

A: Tracking earnings in this sector is crucial for understanding the health of North Carolina's rural economy and resource-dependent communities.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Bureau of Economic Analysis through surveys and administrative sources.

Q: How is this trend used in economic policy?

A: This data helps analysts and policymakers understand the economic dynamics of the natural resource-based sector in North Carolina, informing policies that support these industries.

Q: Are there update delays or limitations?

A: The data is published regularly by the U.S. Federal Reserve, but may be subject to revision or delays in reporting.

Related Trends

Citation

U.S. Federal Reserve, Forestry, Fishing, Related Activities, and Other Earnings in North Carolina (NCEFOR), retrieved from FRED.