Number of Identified Exporters to British Indian Ocean Territory from North Carolina
NCIOTA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
400.00%
Date Range
1/1/2007 - 1/1/2016
Summary
This metric tracks the number of exporters from North Carolina to the British Indian Ocean Territory, an island territory in the Indian Ocean. It provides insights into trade activity and commercial relationships between North Carolina and this remote overseas market.
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 British Indian Ocean Territory from North Carolina is a trade statistic that quantifies the count of unique businesses or individuals based in North Carolina who export goods or services to the British Indian Ocean Territory. This metric is used to gauge the scale and trends of North Carolina's commercial engagement with this distant geographic market.
Methodology
The data is collected through analysis of customs and trade documentation.
Historical Context
Policymakers and economists monitor this trend to understand North Carolina's export activity and its engagement with overseas markets.
Key Facts
- North Carolina is a major exporting state in the U.S.
- The British Indian Ocean Territory is a remote island territory in the Indian Ocean.
- Exporters must file detailed customs paperwork to ship goods overseas.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique businesses or individuals based in North Carolina who export goods or services to the British Indian Ocean Territory, a remote island territory in the Indian Ocean.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the scale and trends of North Carolina's commercial engagement with distant overseas markets, which is valuable information for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through analysis of customs and trade documentation filed by North Carolina-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to understand North Carolina's export activity and its engagement with distant geographic markets, which can inform trade policies and economic development initiatives.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags as exporters file paperwork, and it only covers trade with the British Indian Ocean Territory, which is a relatively small market.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to British Indian Ocean Territory from North Carolina (NCIOTA475SCEN), retrieved from FRED.