Value of Exports to Norway from New York

NYNORA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

102,541,983.00

Year-over-Year Change

20.90%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Norway from New York' trend measures the total value of goods exported from the state of New York to Norway. This metric is important for analyzing trade patterns and the strength of economic ties between the U.S. and key 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 data series tracks the dollar value of all products and commodities exported directly from New York to Norway. It provides insight into the scale and composition of trade between the two economies, which is relevant for policymakers, businesses, and economic analysts.

Methodology

The data is collected by the U.S. Census Bureau through surveys of exporting firms.

Historical Context

Policymakers and trade groups use this series to monitor the health of commercial relationships and identify growth opportunities.

Key Facts

  • New York is one of the largest exporting states in the U.S.
  • Norway is a key trade partner for the United States.
  • Exports support millions of American jobs across many industries.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total dollar value of goods and products exported directly from the state of New York to Norway.

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

A: This data provides insight into the strength of trade ties between the U.S. and Norway, which is important for policymakers, businesses, and economic analysts seeking to understand cross-border commerce.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.

Q: How is this trend used in economic policy?

A: Policymakers and trade groups use this series to monitor the health of commercial relationships and identify growth opportunities for exports.

Q: Are there update delays or limitations?

A: The data is published on a monthly basis, but there may be lags or revisions due to the survey-based collection process.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Norway from New York (NYNORA052SCEN), retrieved from FRED.