Number of Identified Exporters to Fiji from North Dakota
NDFJIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/2005 - 1/1/2014
Summary
The Number of Identified Exporters to Fiji from North Dakota metric tracks the quantity of businesses in North Dakota that export goods to Fiji. This data point is important for understanding North Dakota's international trade patterns and relationships.
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 series measures the number of unique North Dakota-based companies that have been identified as exporting goods to the South Pacific island nation of Fiji. The data is useful for economists and trade analysts to gauge the scale and trends of North Dakota's export activity.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Trends in this metric can inform economic policy decisions related to export promotion and international market development.
Key Facts
- North Dakota is a leading agricultural exporter in the U.S.
- Fiji is a small island country in the South Pacific region.
- Trade with emerging markets can drive economic growth.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in North Dakota that have been identified as exporting goods to the country of Fiji.
Q: Why is this trend relevant for users or analysts?
A: Understanding export patterns from individual U.S. states to specific foreign markets can provide valuable insights for trade policy, economic development, and business strategy.
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: Trends in this metric can inform decisions related to export promotion, trade agreements, and international market development initiatives.
Q: Are there update delays or limitations?
A: As with many economic data series, there may be lags in reporting or limitations in the underlying data collection.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Fiji from North Dakota (NDFJIA475SCEN), retrieved from FRED.