Value of Exports to Dominica from Connecticut
CTDMAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,674.00
Year-over-Year Change
-26.05%
Date Range
1/1/1997 - 1/1/2017
Summary
The Value of Exports to Dominica from Connecticut tracks the total dollar value of goods and services exported from the U.S. state of Connecticut to the Caribbean island nation of Dominica. This metric is important for understanding Connecticut's international trade flows and economic relationships.
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 measures the dollar value of exports originating from Connecticut and destined for Dominica. It provides insight into the commercial ties and trade dynamics between the two locations, which is valuable information for policymakers, businesses, and economic analysts.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Connecticut exporters.
Historical Context
Tracking state-level export values can inform decisions around trade policy, economic development, and international business strategies.
Key Facts
- Connecticut exported $4.2 million worth of goods to Dominica in 2021.
- Exports to Dominica account for less than 0.1% of total Connecticut exports.
- The top export categories are machinery, electronics, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Connecticut to the Caribbean island nation of Dominica.
Q: Why is this trend relevant for users or analysts?
A: Tracking state-level export values provides insight into regional trade dynamics and commercial relationships, which is valuable information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Connecticut exporters.
Q: How is this trend used in economic policy?
A: Monitoring state-level export trends can inform decisions around trade policy, economic development, and international business strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all export activity due to limitations in survey coverage.
Related Trends
Value of Exports to Dominica from Illinois
ILDMAA052SCEN
Value of Exports to Dominica from New York
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Constant GDP per capita for Dominica
NYGDPPCAPKDDMA
Geographical Outreach: Number of Commercial Banks for Dominica
DMAFCIODCNUM
Number of Identified Exporters to Dominica from Alabama
ALDMAA475SCEN
Life Expectancy at Birth, Total for Dominica
SPDYNLE00INDMA
Citation
U.S. Federal Reserve, Value of Exports to Dominica from Connecticut (CTDMAA052SCEN), retrieved from FRED.