Value of Exports to Norway from Louisiana
LANORA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75,949,527.00
Year-over-Year Change
28.42%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Norway from Louisiana' trend measures the dollar value of goods exported from Louisiana to Norway. This metric provides insight into the trade relationship between Louisiana and Norway, which is of interest to economists and policymakers.
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 series represents the total value of exports shipped from Louisiana to Norway. It is an important indicator of the strength of economic ties between the two regions and can signal trends in bilateral trade, investment, and commercial activity.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and transportation providers.
Historical Context
Policymakers and trade analysts use this metric to assess the health of the Louisiana-Norway commercial relationship and identify opportunities for economic growth.
Key Facts
- Louisiana is a major exporting state in the U.S.
- Norway is an important trade partner for Louisiana businesses.
- Exports from Louisiana to Norway have grown steadily in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods exported from the state of Louisiana to Norway. It provides insight into the trade relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the strength of economic ties between Louisiana and Norway, which is of interest to policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and transportation providers.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the health of the Louisiana-Norway commercial relationship and identify opportunities for economic growth.
Q: Are there update delays or limitations?
A: The data is published regularly with minimal delays, providing timely information on the evolving trade relationship.
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Citation
U.S. Federal Reserve, Value of Exports to Norway from Louisiana (LANORA052SCEN), retrieved from FRED.