Number of Identified Exporters to Papua New Guinea from Connecticut
CTPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
300.00%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of businesses identified as exporting from the U.S. state of Connecticut to Papua New Guinea. It provides insights into trade flows and commercial activity between these two 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 Number of Identified Exporters to Papua New Guinea from Connecticut is a time series dataset published by the U.S. Census Bureau. It tracks the count of unique businesses located in Connecticut that have reported exporting goods or services to Papua New Guinea in a given period.
Methodology
The data is collected through mandatory business surveys and customs declarations.
Historical Context
This metric is used by economists and policymakers to analyze trends in Connecticut's export economy and trade relationships.
Key Facts
- Connecticut exported $X.XX million in goods to Papua New Guinea in the latest year.
- The number of identified exporters from Connecticut to Papua New Guinea has increased by Y% over the past 5 years.
- Papua New Guinea is the Zth largest export destination for Connecticut businesses.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the U.S. state of Connecticut that have reported exporting goods or services to Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Connecticut and Papua New Guinea, which is useful for understanding regional export patterns and economic activity.
Q: How is this data collected or calculated?
A: The data is collected through mandatory business surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze trends in Connecticut's export economy and trade relationships, which can inform decisions around economic development, trade agreements, and business support programs.
Q: Are there update delays or limitations?
A: There may be delays of several months in the publication of this data, and the dataset may not capture all exporting activity due to limitations in business reporting.
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Citation
U.S. Census Bureau, Number of Identified Exporters to Papua New Guinea from Connecticut (CTPNGA475SCEN), retrieved from FRED.