Number of Identified Exporters to Bermuda from North Carolina
NCBMUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.00
Year-over-Year Change
17.82%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters from North Carolina to Bermuda. Understanding trade dynamics between U.S. states and foreign markets is crucial for policymakers and businesses.
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
The Number of Identified Exporters to Bermuda from North Carolina tracks the total count of companies located in North Carolina that export goods to the island nation of Bermuda. This data provides insights into the commercial relationships and trade flows between the two economies.
Methodology
The data is collected through surveys of U.S. businesses and customs declarations.
Historical Context
Analyzing state-level export patterns can inform economic development strategies and trade policy decisions.
Key Facts
- North Carolina is a major exporting state in the U.S.
- Bermuda is a small island nation in the North Atlantic Ocean.
- Exporters to Bermuda account for a small fraction of North Carolina's total exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of companies located in North Carolina that export goods to Bermuda.
Q: Why is this trend relevant for users or analysts?
A: Understanding trade dynamics between U.S. states and foreign markets is crucial for policymakers and businesses to develop effective economic strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Analyzing state-level export patterns can inform economic development strategies and trade policy decisions.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the collecting agency.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Bermuda from North Carolina (NCBMUA475SCEN), retrieved from FRED.