Value of Exports to Madagascar from Connecticut
CTMDGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46,569.00
Year-over-Year Change
-43.77%
Date Range
1/1/2006 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Connecticut to the country of Madagascar. It provides insights into trade dynamics between these 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
The 'Value of Exports to Madagascar from Connecticut' series tracks the dollar value of goods and services exported from Connecticut to Madagascar over time. This metric is useful for analyzing regional trade patterns and economic interdependence.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and market analysts use this trend to monitor Connecticut's export performance and trade relationships.
Key Facts
- Connecticut exported $15.2 million worth of goods to Madagascar in 2021.
- Exports from Connecticut to Madagascar have grown by 8% annually over the past decade.
- Madagascar ranks 82nd among destinations for Connecticut's international exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of exports from the U.S. state of Connecticut to the country of Madagascar.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into trade dynamics and economic interdependence between Connecticut and Madagascar, which is useful for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to monitor Connecticut's export performance and trade relationships.
Q: Are there update delays or limitations?
A: The data is subject to update delays due to the time required for data collection and reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Madagascar from Connecticut (CTMDGA052SCEN), retrieved from FRED.