Number of Identified Exporters to Romania from North Dakota
NDROUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
150.00%
Date Range
1/1/2003 - 1/1/2017
Summary
The Number of Identified Exporters to Romania from North Dakota tracks the count of businesses based in North Dakota that export goods to Romania. This metric provides insight into trade flows and economic relationships 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
This series measures the number of unique North Dakota-based businesses that have reported exporting products or services to Romania in a given time period. It offers a window into the commercial and economic ties between the state and the European country.
Methodology
The data is collected through surveys of U.S. businesses and customs records.
Historical Context
Policymakers and market analysts use this trend to monitor North Dakota's trade dynamics with Romania.
Key Facts
- North Dakota is a major agricultural exporter.
- Romania is an emerging market for U.S. goods.
- Exporters contribute significantly to North Dakota's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of businesses based in North Dakota that have reported exporting products or services to Romania.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and economic ties between North Dakota and Romania, which is useful for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to monitor North Dakota's trade dynamics with Romania.
Q: Are there update delays or limitations?
A: There may be some delay in reporting due to the survey-based data collection process.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Romania from North Dakota (NDROUA475SCEN), retrieved from FRED.