Value of Exports to Liberia from North Carolina
NCLBRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
812,468.00
Year-over-Year Change
0.25%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Liberia from North Carolina' measures the total dollar value of goods exported from the U.S. state of North Carolina to the country of Liberia. This metric is important for understanding North Carolina's trade dynamics and economic connections with the West African region.
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 economic series tracks the dollar value of merchandise and commodities exported from North Carolina to Liberia. The data is compiled by the U.S. Census Bureau and provides insight into the commercial relationship between the two locations.
Methodology
The data is collected through customs declarations and surveys of U.S. exporters.
Historical Context
Analysts and policymakers use this metric to assess North Carolina's export performance and the state's trade engagement with developing markets.
Key Facts
- North Carolina is a major U.S. exporting state.
- Liberia is a key trading partner for many U.S. states.
- The value of exports fluctuates with global economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and merchandise exported from the U.S. state of North Carolina to the country of Liberia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into North Carolina's trade relationships and economic connections with developing markets, which is valuable information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs declarations and surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess North Carolina's export performance and the state's trade engagement with developing economies like Liberia.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the time required for customs processing and survey collection.
Related Trends
Geographical Outreach: Number of Commercial Banks for Liberia
LBRFCIODCNUM
Number of Identified Exporters to Liberia from Tennessee
TNLBRA475SCEN
Number of Identified Exporters to Liberia from Puerto Rico
PRLBRA475SCEN
Number of Identified Exporters to Liberia from Delaware
DELBRA475SCEN
Number of Identified Exporters to Liberia from Mississippi
MSLBRA475SCEN
Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Liberia
LBRFCSODCXDC
Citation
U.S. Federal Reserve, Value of Exports to Liberia from North Carolina (NCLBRA052SCEN), retrieved from FRED.