Number of Identified Exporters to Saint Lucia from North Dakota
NDLCAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2011 - 1/1/2015
Summary
This economic trend measures the number of exporters from the U.S. state of North Dakota that sell goods to the island nation of Saint Lucia. It provides insights into trade patterns and economic relationships between these 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 Saint Lucia from North Dakota metric tracks the count of unique North Dakota-based businesses that export products or services to Saint Lucia. This data helps economists and policymakers analyze the commercial ties and market access between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of registered businesses.
Historical Context
This metric is useful for assessing the health and trends of North Dakota's export economy and its commercial ties with the Caribbean region.
Key Facts
- North Dakota is a major agricultural exporter.
- Saint Lucia is a small island nation in the Caribbean.
- Tracking exporter counts can reveal economic integration trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the U.S. state of North Dakota that export goods or services to the Caribbean island nation of Saint Lucia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the commercial relationships and trade flows between North Dakota and Saint Lucia, which is useful for evaluating economic integration and market access.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of registered businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economists can use this data to assess the health of North Dakota's export economy and inform decisions related to international trade agreements and market development initiatives.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential limitations in capturing all exporting businesses, as the data relies on voluntary business surveys.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Saint Lucia from North Dakota (NDLCAA475SCEN), retrieved from FRED.