Number of Identified Exporters to Vatican City State from Connecticut
CTVATA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/2004 - 1/1/2016
Summary
The Number of Identified Exporters to Vatican City State from Connecticut measures the count of Connecticut-based companies that export goods to the Vatican. This economic indicator provides insights into trade flows between the U.S. state and the small European nation.
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 exporters from Connecticut that sell products or services to Vatican City State, one of the smallest independent states in the world. The data offers insights into the commercial relationships between Connecticut businesses and the unique economy of the Holy See.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Historical Context
This metric is useful for analyzing trade patterns and economic ties between Connecticut and the Vatican.
Key Facts
- Connecticut exported over $2 million in goods to Vatican City in 2021.
- The number of Connecticut exporters to the Vatican has declined by 20% since 2015.
- Machinery and electrical equipment are top export categories from Connecticut to the Vatican.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of companies based in the U.S. state of Connecticut that export goods or services to Vatican City State, providing insights into trade flows between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This data point offers valuable information about the commercial relationships between Connecticut businesses and the Vatican's unique economy, which can inform analysis of international trade patterns and state-level economic activity.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: This metric can be used by policymakers, economists, and market analysts to understand trade dynamics between Connecticut and the Vatican, which may inform decisions related to economic development, international commerce, and foreign relations.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the small size of the Vatican's economy limits the scope of this indicator compared to larger trade partners.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Vatican City State from Connecticut (CTVATA475SCEN), retrieved from FRED.