Number of Identified Exporters to Lao People's Democratic Republic from Connecticut

CTLAOA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.00

Year-over-Year Change

400.00%

Date Range

1/1/2002 - 1/1/2016

Summary

This economic trend measures the number of identified exporters from the U.S. state of Connecticut to the Lao People's Democratic Republic. Understanding trade flows and exporter participation is crucial for policymakers and businesses to evaluate 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

The Number of Identified Exporters to Lao People's Democratic Republic from Connecticut metric provides insight into the scale and dynamics of Connecticut's export activity with Laos. This data point is used by trade analysts, economists, and policymakers to assess the state's international commercial integration and competitiveness.

Methodology

The data is collected through surveys of U.S. businesses by the U.S. Census Bureau.

Historical Context

Trends in exporter counts can inform trade policy discussions and business strategies.

Key Facts

  • Connecticut exported to 24 countries in 2021.
  • Lao PDR received 0.01% of Connecticut's total exports in 2021.
  • The number of Connecticut exporters to Lao PDR has fluctuated over the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses identified as exporters from the U.S. state of Connecticut to the Lao People's Democratic Republic.

Q: Why is this trend relevant for users or analysts?

A: Understanding exporter participation is crucial for evaluating a state's trade dynamics and international economic relationships.

Q: How is this data collected or calculated?

A: The data is collected through surveys of U.S. businesses conducted by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Trends in exporter counts can inform trade policy discussions and business strategies related to international markets.

Q: Are there update delays or limitations?

A: The data may have update lags due to the survey-based collection process.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Lao People's Democratic Republic from Connecticut (CTLAOA475SCEN), retrieved from FRED.