Number of Identified Exporters to Liberia from Connecticut
CTLBRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
33.33%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Liberia from Connecticut' trend measures the count of exporters based in Connecticut that ship goods to Liberia. This data provides insights into Connecticut's trade relationships and economic ties with the West African country.
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 unique business entities located in Connecticut that export products to Liberia. It offers a quantitative view of the commercial connections between the state and the Liberian market, which can inform policymakers and analysts studying regional trade patterns.
Methodology
The data is collected by the U.S. Census Bureau through surveys of registered exporters.
Historical Context
Trends in the number of Connecticut exporters to Liberia are relevant for understanding state-level economic development and international trade policy.
Key Facts
- Connecticut exported over $12 million in goods to Liberia in 2021.
- The number of identified Connecticut exporters to Liberia has grown by 25% since 2015.
- Machinery and transportation equipment are Connecticut's top exports to Liberia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique business entities located in the state of Connecticut that export products to the country of Liberia.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of Connecticut exporters to Liberia provides insights into the state's international trade relationships and can inform economic development and trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of registered exporters.
Q: How is this trend used in economic policy?
A: Policymakers and analysts can use this data to understand state-level trade patterns and evaluate the effectiveness of programs aimed at supporting exporters and expanding international markets.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may not capture all exporting activity due to limitations in the survey process.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Liberia from Connecticut (CTLBRA475SCEN), retrieved from FRED.