Number of Identified Exporters to Turkey from Connecticut
CTTURA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
209.00
Year-over-Year Change
23.67%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Turkey from Connecticut' trend measures the count of firms located in Connecticut that export goods to Turkey. This data provides insights into the state's international trade relationships and economic connections.
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 tracks the number of businesses based in Connecticut that have reported exporting products to Turkey. It serves as an indicator of the commercial activity and trade flows between the state and this key international market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Historical Context
Policymakers and economists use this metric to evaluate Connecticut's export performance and integration with the global economy.
Key Facts
- Connecticut exported $235 million in goods to Turkey in 2021.
- The number of identified exporters from Connecticut to Turkey has increased by 15% since 2015.
- Manufacturing is the largest export sector for Connecticut firms selling to Turkey.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the state of Connecticut that have reported exporting goods to Turkey.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Connecticut's international trade activity and economic connections with the Turkish market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate Connecticut's export performance and integration with the global economy.
Q: Are there update delays or limitations?
A: The data is published with a time lag, and may not capture all exporting activity due to survey limitations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Turkey from Connecticut (CTTURA475SCEN), retrieved from FRED.