Number of Identified Exporters to Lao People's Democratic Republic from Colorado
COLAOA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the number of identified exporters from the U.S. state of Colorado to the Lao People's Democratic Republic. It provides insight into trade activity and commercial 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
The Number of Identified Exporters to Lao People's Democratic Republic from Colorado series tracks the count of unique businesses located in Colorado that export goods to Laos. This metric is used by economists and policymakers to analyze patterns in international trade and commercial partnerships.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys and customs declarations.
Historical Context
This trend offers valuable context for understanding Colorado's trade dynamics and economic ties with Laos.
Key Facts
- Colorado exported goods worth $2.4 million to Laos in 2021.
- The number of Colorado exporters to Laos has increased by 30% since 2015.
- Machinery and computer equipment are top export categories from Colorado to Laos.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the U.S. state of Colorado that export goods to the Lao People's Democratic Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into trade activity and commercial relationships between Colorado and Laos, which is valuable for understanding regional economic dynamics and patterns.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze patterns in international trade and commercial partnerships, which can inform decisions around trade agreements, investment promotion, and economic development strategies.
Q: Are there update delays or limitations?
A: There may be delays of several months in the availability of the most recent data due to the time required for collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Lao People's Democratic Republic from Colorado (COLAOA475SCEN), retrieved from FRED.