Number of Identified Exporters to Slovakia from Colorado
COSVKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.00
Year-over-Year Change
141.67%
Date Range
1/1/1997 - 1/1/2017
Summary
The Number of Identified Exporters to Slovakia from Colorado trend measures the total number of Colorado-based companies that export goods to Slovakia. This provides insight into economic ties and trade patterns 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 metric tracks the volume of export activity from Colorado to the Slovak Republic. It serves as an indicator of the commercial and economic relationship between the two locations, and can inform policymakers and analysts about trends in international trade.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
This trend is used to monitor the strength of Colorado's export markets and guide economic development strategies.
Key Facts
- Colorado exported $304 million in goods to Slovakia in 2021.
- The number of identified Colorado exporters to Slovakia has increased by 12% since 2015.
- Slovakia is Colorado's 45th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of companies based in Colorado that export goods to Slovakia. It provides insight into the volume of trade between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding the economic relationship between Colorado and Slovakia, and can inform business strategies, economic development policies, and trade analysis.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to monitor the strength of Colorado's export markets and guide economic development strategies focused on international trade.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but may have a 1-2 month lag due to the survey collection process.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Slovakia from Colorado (COSVKA475SCEN), retrieved from FRED.