Value of Exports to Portugal from North Carolina
NCPRTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23,499,426.00
Year-over-Year Change
15.81%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Portugal from North Carolina' measures the total value of goods and services exported from North Carolina to Portugal. This trend is an important economic indicator for policymakers and businesses tracking trade flows between the U.S. and Portugal.
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 dollar value of all products and services shipped from North Carolina to Portugal, including agricultural goods, manufactured items, and services. It is used to gauge the strength of commercial ties and trade dynamics between the two economies.
Methodology
The data is collected through surveys of North Carolina exporters and compiled by the U.S. Census Bureau.
Historical Context
Monitoring this export trend provides insights into the health of North Carolina's export-oriented industries and their engagement with the Portuguese market.
Key Facts
- North Carolina is a major U.S. exporting state.
- Portugal is an important trading partner for the U.S.
- Export values can fluctuate due to economic conditions and trade policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of all goods and services exported from the state of North Carolina to Portugal.
Q: Why is this trend relevant for users or analysts?
A: Tracking North Carolina's exports to Portugal provides insights into the strength of trade ties between the two economies and the performance of the state's export-oriented industries.
Q: How is this data collected or calculated?
A: The data is collected through surveys of North Carolina exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this export trend to assess the health of North Carolina's trade relationships and inform decisions related to international commerce, economic development, and trade policy.
Q: Are there update delays or limitations?
A: There may be lags in the reporting of this data, as it is collected through surveys of exporters. The data may also be subject to revisions over time.
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Citation
U.S. Federal Reserve, Value of Exports to Portugal from North Carolina (NCPRTA052SCEN), retrieved from FRED.