Number of Identified Exporters to Ecuador from Colorado
COECUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.00
Year-over-Year Change
66.67%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Ecuador from Colorado' series tracks the count of businesses located in Colorado that are exporting goods and services to Ecuador. This metric provides insight into trade dynamics and economic ties 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, published by the U.S. Census Bureau, offers a detailed look at the number of Colorado-based companies that have successfully established export channels to Ecuador. It serves as an important indicator of the strength and growth of international trade relationships.
Methodology
The data is collected through surveys of U.S. businesses and customs records.
Historical Context
Policymakers and economists use this metric to analyze the impacts of trade agreements, exchange rates, and other factors affecting cross-border commerce.
Key Facts
- Colorado exported over $150 million in goods to Ecuador in 2021.
- The number of Colorado exporters to Ecuador has grown by 25% since 2015.
- Aerospace and agricultural products are top Colorado exports to Ecuador.
FAQs
Q: What does this economic trend measure?
A: This series tracks the count of businesses located in Colorado that are exporting goods and services to Ecuador.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into trade dynamics and economic ties between Colorado and Ecuador, serving as an important indicator for policymakers and economists.
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 economists use this metric to analyze the impacts of trade agreements, exchange rates, and other factors affecting cross-border commerce.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates, and may not capture all exporting activity due to survey limitations.
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Citation
U.S. Census Bureau, Number of Identified Exporters to Ecuador from Colorado (COECUA475SCEN), retrieved from FRED.