Value of Exports to Georgia from North Carolina
NCGEOA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,622,833.00
Year-over-Year Change
-45.16%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Georgia from North Carolina' trend measures the total dollar value of goods and services exported from North Carolina to the state of Georgia. This metric is important for understanding regional trade patterns and economic integration.
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 from North Carolina businesses to customers in the state of Georgia. It provides insight into the strength of commercial relationships and trade flows between these two U.S. states.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and economists use this trend to analyze regional economic dynamics and identify opportunities for growth.
Key Facts
- North Carolina is one of the largest exporting states in the U.S.
- Georgia is a major trade partner for North Carolina businesses.
- Exports account for a significant portion of North Carolina's economic output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from North Carolina to the state of Georgia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the strength of economic ties and trade flows between North Carolina and Georgia, which is important for understanding regional economic dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze regional economic integration and identify opportunities for growth in cross-state trade and commerce.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the Census Bureau, and may have a lag of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, Value of Exports to Georgia from North Carolina (NCGEOA052SCEN), retrieved from FRED.