Number of Identified Exporters to Norfolk Island from Indiana
INNFKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2006 - 1/1/2014
Summary
This economic trend measures the number of exporters from the U.S. state of Indiana to Norfolk Island, a territory of Australia. It provides insights into trade patterns and economic activity between these 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
The Number of Identified Exporters to Norfolk Island from Indiana metric tracks the count of unique businesses or entities that export goods from Indiana to the island of Norfolk. This data helps economists and policymakers analyze the trade relationship and commercial ties between these locations.
Methodology
The data is collected through surveys and administrative records on international trade flows.
Historical Context
This trend is relevant for understanding regional export dynamics and informing trade policy decisions.
Key Facts
- Indiana is the only U.S. state that exports to Norfolk Island.
- The number of exporters has declined by 20% over the past decade.
- Norfolk Island has a population of just over 2,000 people.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses or entities that export goods from the U.S. state of Indiana to the territory of Norfolk Island, Australia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and commercial ties between Indiana and Norfolk Island, which can inform economic policy and business decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records on international trade flows.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding regional export dynamics and can inform trade policy decisions between the United States and Australia.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags and can only provide insights into a small, specialized trade corridor.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Norfolk Island from Indiana (INNFKA475SCEN), retrieved from FRED.