Number of Identified Exporters to Czech Republic from North Dakota
NDCZEA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.00
Year-over-Year Change
33.33%
Date Range
1/1/1997 - 1/1/2017
Summary
The Number of Identified Exporters to Czech Republic from North Dakota tracks the count of businesses located in North Dakota that export goods to the Czech Republic. This metric provides insight into North Dakota's trade relationship with the Czech 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
This data series, published by the U.S. Census Bureau, records the number of businesses based in North Dakota that are exporting products to the Czech Republic. It offers a measure of the commercial ties between the state and this Central European market.
Methodology
The data is collected through mandatory business surveys and export declaration forms.
Historical Context
Policymakers and trade analysts monitor this metric to understand North Dakota's export activity and commercial engagement with the Czech economy.
Key Facts
- North Dakota exports primarily agricultural and industrial products to the Czech Republic.
- The number of identified North Dakota exporters to the Czech market has fluctuated over the past decade.
- Export data helps policymakers assess the state's global economic competitiveness.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of businesses located in North Dakota that export goods to the Czech Republic.
Q: Why is this trend relevant for users or analysts?
A: The metric provides insight into North Dakota's trade relationship and commercial engagement with the Czech market, which is useful for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected through mandatory business surveys and export declaration forms.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts monitor this metric to understand North Dakota's export activity and commercial ties with the Czech economy.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all exporters due to the voluntary nature of some reporting.
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Citation
U.S. Census Bureau, Number of Identified Exporters to Czech Republic from North Dakota (NDCZEA475SCEN), retrieved from FRED.