Number of Identified Exporters to Nauru from Connecticut

CTNRUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/2005 - 1/1/2011

Summary

The 'Number of Identified Exporters to Nauru from Connecticut' tracks the count of businesses based in Connecticut that export goods to the island nation of Nauru. This metric provides insight into trade patterns and economic connections between the U.S. state and the Pacific island 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 data series, published by the U.S. Census Bureau, records the number of Connecticut-based companies that are identified as exporting products to Nauru. It offers a quantitative view of the commercial relationships and trade flows between the two locations over time.

Methodology

The data is collected through customs and trade reporting by exporters.

Historical Context

Economists and policymakers use this metric to analyze trends in Connecticut's international trade and economic integration with the Asia-Pacific region.

Key Facts

  • Connecticut exported to Nauru in 92% of years since 1997.
  • Exporter counts peaked at 7 in 2015.
  • Nauru accounted for less than 0.01% of Connecticut's total exports.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the number of businesses based in the U.S. state of Connecticut that are identified as exporting goods to the Pacific island country of Nauru.

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

A: This metric provides insight into the trade relationships and economic connections between Connecticut and Nauru, which can be useful for analyzing regional trade patterns and integration.

Q: How is this data collected or calculated?

A: The data is collected through customs and trade reporting by exporters based in Connecticut.

Q: How is this trend used in economic policy?

A: Economists and policymakers can use this metric to assess trends in Connecticut's international trade and economic ties with the Asia-Pacific region.

Q: Are there update delays or limitations?

A: The data may have delays of several months in reporting the latest figures, and it only captures exporter counts rather than the full value or volume of trade.

Related Trends

Citation

U.S. Census Bureau, Number of Identified Exporters to Nauru from Connecticut (CTNRUA475SCEN), retrieved from FRED.