Number of Identified Exporters to Nicaragua from North Dakota
NDNICA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
25.00%
Date Range
1/1/1997 - 1/1/2017
Summary
The Number of Identified Exporters to Nicaragua from North Dakota tracks the total number of businesses located in North Dakota that export goods to Nicaragua. This economic indicator provides insights into trade flows and commercial activity between the two regions.
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 measures the count of unique North Dakota-based companies that have reported exporting products or services to Nicaragua. It offers a quantitative view of the commercial relationship and trade linkages between the state and this Central American market.
Methodology
The data is collected through surveys of U.S. exporters by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this indicator to monitor North Dakota's export performance and commercial engagement with Nicaragua.
Key Facts
- North Dakota exported $X.XX million in goods to Nicaragua in the latest year.
- The number of identified North Dakota exporters to Nicaragua has increased by Y% over the past 5 years.
- Top export categories from North Dakota to Nicaragua include [category 1], [category 2], and [category 3].
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of businesses located in North Dakota that have reported exporting products or services to Nicaragua.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the commercial relationship and trade flows between North Dakota and Nicaragua, which is valuable for policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this indicator to monitor North Dakota's export performance and commercial engagement with Nicaragua, which can inform trade policies and strategies.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data, and the survey coverage may not capture all exporting activity from North Dakota to Nicaragua.
Related Trends
Number of Identified Exporters to Nicaragua from Texas
TXNICA475SCEN
Value of Exports to Nicaragua from South Dakota
SDNICA052SCEN
Number of Identified Exporters to Nicaragua from Puerto Rico
PRNICA475SCEN
Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Nicaragua
NICFCBODCKNUM
Number of Identified Exporters to Nicaragua from Florida
FLNICA475SCEN
Value of Exports to Nicaragua from New Hampshire
NHNICA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Nicaragua from North Dakota (NDNICA475SCEN), retrieved from FRED.