Value of Exports to Turkey from Connecticut
CTTURA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125,156,886.00
Year-over-Year Change
41.63%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Turkey from Connecticut' measures the total value of goods and services exported from the state of Connecticut to Turkey. This metric is closely watched by economists and policymakers to understand trade dynamics and commercial activity between the 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
This series represents the monetary value of all products and services shipped from Connecticut to Turkey. It serves as an indicator of the commercial relationship between the two economies and provides insights into Connecticut's export performance and trade balance with Turkey.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and international trade records.
Historical Context
Policymakers use this trend to monitor the health of Connecticut's export sector and inform trade policies.
Key Facts
- Connecticut's exports to Turkey were valued at $XXX million in the most recent year.
- Turkey is Connecticut's Xth largest export destination, accounting for X% of the state's total exports.
- The value of Connecticut's exports to Turkey has [increased/decreased] by X% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of goods and services exported from the state of Connecticut to Turkey. It provides insight into the trade relationship between the two economies.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Connecticut's export performance and trade dynamics with Turkey, a key international market. It informs economic 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 businesses and international trade records.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to monitor the health of Connecticut's export sector and inform trade policies between the state and Turkey.
Q: Are there update delays or limitations?
A: There may be a delay of several months between the end of a reporting period and the release of the latest data. The data is also subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to Turkey from Connecticut (CTTURA052SCEN), retrieved from FRED.