Number of Identified Exporters to Solomon Islands from North Carolina
NCSLBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/2006 - 1/1/2017
Summary
This economic trend measures the number of businesses based in North Carolina that export goods to the Solomon Islands. It provides insights into North Carolina's trade relationships and participation in the global economy.
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 Solomon Islands from North Carolina metric tracks the count of unique North Carolina-based companies that ship products to the Solomon Islands market. This data offers visibility into the commercial ties between the state and this Pacific island nation.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This trend can inform policymakers and business leaders about North Carolina's export dynamics and economic integration.
Key Facts
- North Carolina exported over $2.5 billion in goods in 2021.
- The Solomon Islands is a small Pacific island nation with a GDP of $1.5 billion.
- China is the top destination for North Carolina exports, followed by Canada and Mexico.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses based in North Carolina that export goods to the Solomon Islands market.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into North Carolina's trade relationships and participation in the global economy, which can inform economic policymaking and business strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend can inform policymakers and business leaders about North Carolina's export dynamics and economic integration with the Solomon Islands and broader global markets.
Q: Are there update delays or limitations?
A: The data may have update lags due to the time required for data collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Solomon Islands from North Carolina (NCSLBA475SCEN), retrieved from FRED.