Number of Identified Exporters to Sweden from North Carolina
NCSWEA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
276.00
Year-over-Year Change
7.39%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Sweden from North Carolina' series tracks the count of businesses located in North Carolina that export goods to Sweden, providing insights into North Carolina's international trade dynamics.
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 economic indicator reports the number of unique exporting enterprises based in North Carolina that sell products to the Swedish market. It offers a quantitative view of North Carolina's export engagement with one of its key European trading partners.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys.
Historical Context
Policymakers and trade analysts use this trend to assess North Carolina's export competitiveness and integration within global supply chains.
Key Facts
- North Carolina is one of the top exporting states in the U.S.
- Sweden is North Carolina's 12th largest export destination globally.
- Exporter counts can indicate the diversification of a state's export base.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of unique businesses located in North Carolina that export goods to Sweden, providing insights into the state's international trade dynamics.
Q: Why is this trend relevant for users or analysts?
A: This data offers a quantitative view of North Carolina's export engagement with one of its key European trading partners, which is valuable for policymakers and trade analysts assessing the state's export competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this trend to assess North Carolina's export competitiveness and integration within global supply chains.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological constraints of the U.S. Census Bureau's business surveys.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Sweden from North Carolina (NCSWEA475SCEN), retrieved from FRED.