Value of Exports to Romania from North Carolina
NCROUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20,685,988.00
Year-over-Year Change
156.20%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Romania from North Carolina' series measures the dollar value of goods exported from North Carolina to Romania. This metric is important for understanding North Carolina's trade relationships and economic connections with international markets.
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 monetary value of physical goods, commodities, and merchandise that are exported from the U.S. state of North Carolina to the country of Romania. It provides insight into the trade flows and economic linkages between these two regions.
Methodology
The data is collected by the U.S. Census Bureau through customs and shipping declarations.
Historical Context
Policymakers and economists analyze this metric to assess North Carolina's export performance and integration with the global economy.
Key Facts
- North Carolina is a major exporting state in the U.S.
- Romania is an emerging market with growing trade ties to the U.S.
- Exports support jobs and economic growth in North Carolina
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of goods exported from the U.S. state of North Carolina to the country of Romania.
Q: Why is this trend relevant for users or analysts?
A: The value of exports is an important indicator of a region's trade performance and economic connections with global markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs declarations and shipping records.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this metric to assess North Carolina's export activity and trade relationships, which informs economic development strategies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the time required for compilation and publication by statistical agencies.
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Citation
U.S. Federal Reserve, Value of Exports to Romania from North Carolina (NCROUA052SCEN), retrieved from FRED.