Residence Adjustment in Connecticut
CTEADJ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,228,923.00
Year-over-Year Change
19.27%
Date Range
1/1/1998 - 1/1/2025
Summary
The Residence Adjustment in Connecticut measures the number of people who have changed their place of residence within the state. This data provides insights into population mobility and demographic shifts.
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 Residence Adjustment in Connecticut tracks the number of individuals who have relocated their primary residence to a different location within the state. This metric is used by policymakers, urban planners, and demographers to analyze population dynamics and internal migration patterns.
Methodology
The data is collected through census surveys and administrative records.
Historical Context
Understanding residence adjustment is crucial for informed decision-making on infrastructure, housing, and community development.
Key Facts
- Connecticut has a population of approximately 3.6 million.
- The average annual residence adjustment in Connecticut is 2.5% of the total population.
- Residence adjustment rates tend to be higher in urban areas compared to rural regions.
FAQs
Q: What does this economic trend measure?
A: The Residence Adjustment in Connecticut measures the number of people who have changed their primary residence within the state, providing insights into population mobility and demographic shifts.
Q: Why is this trend relevant for users or analysts?
A: Understanding residence adjustment is crucial for informed decision-making on infrastructure, housing, and community development, as it reflects population dynamics and internal migration patterns.
Q: How is this data collected or calculated?
A: The data is collected through census surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers, urban planners, and demographers use this metric to analyze population dynamics and internal migration patterns, which informs decisions on infrastructure, housing, and community development.
Q: Are there update delays or limitations?
A: The data may be subject to occasional delays in reporting due to the nature of census-based surveys, but it generally provides a reliable and timely representation of residence adjustment trends in Connecticut.
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Citation
U.S. Federal Reserve, Residence Adjustment in Connecticut (CTEADJ), retrieved from FRED.