Value of Exports to British Indian Ocean Territory from North Carolina
NCIOTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
243,196.00
Year-over-Year Change
0.00%
Date Range
1/1/2016 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of North Carolina to the British Indian Ocean Territory. It is an important indicator of trade activity and economic ties between the 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 Value of Exports to British Indian Ocean Territory from North Carolina series tracks the dollar value of goods and services exported from North Carolina to the British Indian Ocean Territory, a group of islands in the Indian Ocean. This metric helps analyze North Carolina's trade dynamics and commercial relationships with international markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters.
Historical Context
Policymakers and economists use this trend to assess North Carolina's export performance and the state's engagement with the global economy.
Key Facts
- North Carolina is a major exporting state in the U.S.
- The British Indian Ocean Territory is a remote and strategically important territory.
- Exports contribute significantly to North Carolina's economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods and services exported from the U.S. state of North Carolina to the British Indian Ocean Territory.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into North Carolina's trade relationships and export performance, which are important indicators of the state's economic health and engagement with the global economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess North Carolina's export activity and the state's commercial ties with international markets, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and accuracy of the Census Bureau's reporting, and may have a delay in publication.
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Citation
U.S. Federal Reserve, Value of Exports to British Indian Ocean Territory from North Carolina (NCIOTA052SCEN), retrieved from FRED.