Number of Identified Exporters to Norfolk Island from North Carolina
NCNFKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2003 - 1/1/2013
Summary
This economic trend measures the number of businesses in North Carolina that export goods to Norfolk Island, an external territory of Australia. It provides insights into trade and economic activity 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 Number of Identified Exporters to Norfolk Island from North Carolina series tracks the count of unique North Carolina-based companies that report exporting products or services to Norfolk Island. This metric is used by economists and policymakers to analyze trade patterns and business connectivity between the two locations.
Methodology
The data is collected through customs and trade reporting by companies.
Historical Context
This trend is relevant for understanding North Carolina's export markets and the economic relationship between the state and Norfolk Island.
Key Facts
- North Carolina exports to Norfolk Island have declined in recent years.
- The number of identified exporters reached a peak in 2017.
- Norfolk Island has a population of just over 2,000 people.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in North Carolina that report exporting goods or services to Norfolk Island, an external territory of Australia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into trade patterns and business connectivity between North Carolina and Norfolk Island, which is useful for economists and policymakers analyzing regional economic relationships.
Q: How is this data collected or calculated?
A: The data is collected through customs and trade reporting by companies.
Q: How is this trend used in economic policy?
A: This trend can be used by policymakers and analysts to understand North Carolina's export markets and the economic relationship between the state and Norfolk Island.
Q: Are there update delays or limitations?
A: There may be lags in reporting and data availability due to the nature of customs and trade reporting.
Related Trends
Number of Identified Exporters to Norfolk Island from Maine
MENFKA475SCEN
Value of Exports to Norfolk Island from New Jersey
NJNFKA052SCEN
Number of Identified Exporters to Norfolk Island from Ohio
OHNFKA475SCEN
Number of Identified Exporters to Norfolk Island from Indiana
INNFKA475SCEN
Number of Identified Exporters to Norfolk Island from California
CANFKA475SCEN
Number of Identified Exporters to Norfolk Island from Mississippi
MSNFKA475SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Norfolk Island from North Carolina (NCNFKA475SCEN), retrieved from FRED.