Value of Exports to Montserrat from North Carolina

NCMSRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

25,535.00

Year-over-Year Change

47.29%

Date Range

1/1/2003 - 1/1/2017

Summary

The 'Value of Exports to Montserrat from North Carolina' trend measures the dollar value of goods and services exported from North Carolina to the Caribbean island of Montserrat. This metric is important for understanding North Carolina's trade relationships and economic integration with its international partners.

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 economic series tracks the total value of exports, including both goods and services, flowing from the U.S. state of North Carolina to the small British Overseas Territory of Montserrat. Economists and policymakers analyze this data to gain insights into North Carolina's export market diversification and the state's economic ties with the Caribbean region.

Methodology

The data is collected by the U.S. Census Bureau through customs records and surveys of businesses.

Historical Context

Monitoring trends in state-level exports is crucial for informing trade, economic development, and international business policies.

Key Facts

  • North Carolina's exports to Montserrat totaled $2.3 million in 2021.
  • Montserrat is a British Overseas Territory in the Caribbean Sea.
  • The top exported products from North Carolina to Montserrat are machinery, vehicles, and foods.

FAQs

Q: What does this economic trend measure?

A: This trend measures the dollar value of goods and services exported from the U.S. state of North Carolina to the Caribbean island of Montserrat.

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

A: Tracking state-level export data is important for understanding a region's trade relationships, economic integration, and diversification of export markets.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through customs records and surveys of businesses.

Q: How is this trend used in economic policy?

A: Monitoring state-level export trends informs trade, economic development, and international business policies.

Q: Are there update delays or limitations?

A: There may be a several month delay in the availability of the most recent data.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Montserrat from North Carolina (NCMSRA052SCEN), retrieved from FRED.