Value of Exports to Nicaragua from North Carolina
NCNICA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65,231,645.00
Year-over-Year Change
542.67%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Nicaragua from North Carolina' trend measures the dollar value of goods exported from North Carolina to Nicaragua. This metric is important for analyzing trade flows and economic relationships between US states and foreign countries.
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 represents the total value of merchandise exports from the state of North Carolina to Nicaragua. It is a useful indicator of the trade and commercial activity between these two economies, providing insights into the strength of their economic ties.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and market analysts use this metric to assess the trade dynamics between U.S. states and their international trading partners.
Key Facts
- North Carolina is a major exporting state in the U.S.
- Nicaragua is an important trading partner for many U.S. states.
- Exports play a significant role in North Carolina's economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and products exported from the state of North Carolina to Nicaragua.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between North Carolina and Nicaragua, which is important for understanding regional economic dynamics and commercial activity.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to assess trade flows and economic interdependence between U.S. states and their international trading partners.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of the U.S. Census Bureau's trade statistics.
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Citation
U.S. Federal Reserve, Value of Exports to Nicaragua from North Carolina (NCNICA052SCEN), retrieved from FRED.