Number of Identified Exporters to Saint Lucia from Connecticut
CTLCAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.00
Year-over-Year Change
83.33%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the number of identified exporters to Saint Lucia from the U.S. state of Connecticut. It provides insight into the commercial trade relationship between Connecticut and this Caribbean nation.
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 Saint Lucia from Connecticut tracks the count of individual businesses located in Connecticut that sell goods or services to customers in Saint Lucia. This metric is used by economists and policymakers to analyze the strength of export activity and commercial ties between the two regions.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding regional trade patterns and the competitiveness of Connecticut exporters in international markets.
Key Facts
- Connecticut exported over $7 million in goods to Saint Lucia in 2021.
- The number of identified Connecticut exporters to Saint Lucia has grown by 15% since 2015.
- Saint Lucia is Connecticut's 53rd largest export destination.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individual businesses located in the U.S. state of Connecticut that export goods or services to the Caribbean nation of Saint Lucia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of the commercial trade relationship between Connecticut and Saint Lucia, which is useful for economists, policymakers, and businesses analyzing regional export activity and market opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys and administrative records.
Q: How is this trend used in economic policy?
A: This trend is used by government agencies and trade organizations to monitor regional export patterns and the competitiveness of local businesses in international markets.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a 3-month lag, so the most recent quarter's figures may not be available.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Saint Lucia from Connecticut (CTLCAA475SCEN), retrieved from FRED.