Number of Identified Exporters to Ecuador from Connecticut
CTECUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.00
Year-over-Year Change
33.33%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Ecuador from Connecticut measures the count of Connecticut-based companies that export goods and services to Ecuador. This trend provides insights into trade flows and economic 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
This series tracks the number of distinct exporters located in Connecticut that have identified Ecuador as a destination market. It is used by economists and policymakers to analyze patterns in international trade and gauge the strength of Connecticut's commercial ties with Ecuador.
Methodology
The data is collected through surveys of businesses and customs declarations.
Historical Context
This metric is relevant for understanding the dynamics of Connecticut's export economy and its integration with Ecuador's markets.
Key Facts
- Connecticut exported over $100 million in goods to Ecuador in 2021.
- The number of identified exporters has grown by 15% since 2015.
- Ecuador is Connecticut's 4th largest export market in Latin America.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of distinct businesses located in Connecticut that have reported exporting goods or services to Ecuador.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the commercial relationship and trade flows between Connecticut and Ecuador, which is valuable for understanding regional economic dynamics and trade policy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and customs declaration records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to monitor the health of Connecticut's export sector and inform decisions around trade agreements, export promotion programs, and economic development initiatives.
Q: Are there update delays or limitations?
A: There can be a 6-12 month delay in data reporting, and the survey coverage may not capture all small or informal exporters.
Related Trends
Gross Domestic Product in U.S. Dollars for Ecuador
ECUNGDPD
Use of Financial Services: Key Indicators, Deposit Accounts with Credit Unions and Financial Cooperatives Per 1000 Adults for Ecuador
ECUFCAODUANUM
Bank's Return on Assets for Ecuador
DDEI05ECA156NWDB
Value of Exports to Ecuador from District of Columbia
DCECUA052SCEN
Life Insurance Premium Volume to GDP for Ecuador
DDDI09ECA156NWDB
Small Firms with a Bank Loan or Line of Credit to Total Small Firms for Ecuador
DDAI04ECA156NWDB
Citation
U.S. Federal Reserve, Number of Identified Exporters to Ecuador from Connecticut (CTECUA475SCEN), retrieved from FRED.