Number of Identified Exporters to Norway from Tennessee
TNNORA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.00
Year-over-Year Change
8.33%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Norway from Tennessee' measures the count of businesses located in Tennessee that exported goods to Norway. This trend provides insights into trade patterns and economic relationships between 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 data series tracks the number of unique Tennessee-based companies that have reported exporting products or services to Norway. It offers a window into the commercial ties between the state's economy and the Norwegian market.
Methodology
The data is collected through mandatory business reporting to U.S. government agencies.
Historical Context
Policymakers and trade analysts use this metric to assess the strength of Tennessee's export relationships.
Key Facts
- Tennessee exported over $500 million in goods to Norway in 2021.
- The number of identified Tennessee exporters to Norway has grown by 25% since 2015.
- Norway is Tennessee's 15th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in Tennessee that have reported exporting goods or services to Norway.
Q: Why is this trend relevant for users or analysts?
A: This data offers insights into the trade relationship between Tennessee and Norway, which is valuable for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through mandatory reporting by U.S. companies to government agencies.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess the strength of Tennessee's export markets and commercial ties with Norway.
Q: Are there update delays or limitations?
A: The data is subject to reporting lags, and may not capture all exporting activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Norway from Tennessee (TNNORA475SCEN), retrieved from FRED.