Number of Identified Exporters to United Arab Emirates from Connecticut
CTAREA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
277.00
Year-over-Year Change
58.29%
Date Range
1/1/1992 - 1/1/2017
Summary
This trend measures the number of exporters from the U.S. state of Connecticut that export goods to the United Arab Emirates. It provides insights into the trade relationship between Connecticut and this key Middle Eastern market.
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 United Arab Emirates from Connecticut tracks the count of unique businesses or entities located in Connecticut that export products or services to the UAE. This data point is useful for analyzing the strength and dynamics of Connecticut's export economy.
Methodology
The data is collected through customs and trade documentation filed by Connecticut-based exporters.
Historical Context
This metric is relevant for policymakers, economists, and businesses seeking to understand Connecticut's trade patterns and the state's economic connections to global markets.
Key Facts
- Connecticut exported $235 million in goods to the UAE in 2021.
- The number of identified exporters from Connecticut to the UAE has increased by 25% since 2015.
- The UAE is Connecticut's 4th largest export destination in the Middle East.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses or entities located in the U.S. state of Connecticut that export goods or services to the United Arab Emirates.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into the strength and dynamics of Connecticut's export economy, particularly its trade relationship with a key Middle Eastern market.
Q: How is this data collected or calculated?
A: The data is collected through customs and trade documentation filed by Connecticut-based exporters.
Q: How is this trend used in economic policy?
A: This metric is relevant for policymakers, economists, and businesses seeking to understand Connecticut's trade patterns and the state's economic connections to global markets.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and documentation, and may not capture all exporting activity from the state.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to United Arab Emirates from Connecticut (CTAREA475SCEN), retrieved from FRED.