Value of Exports to Thailand from Connecticut
CTTHAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65,393,028.00
Year-over-Year Change
-1.34%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Connecticut to Thailand. It provides insights into the state's international trade dynamics and the strength of its commercial ties with Thailand.
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 'Value of Exports to Thailand from Connecticut' trend tracks the dollar value of goods and services exported from Connecticut to Thailand over time. This metric is useful for analyzing Connecticut's export performance and its economic relationship with the Thai market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This trend is relevant for policymakers, economists, and businesses interested in understanding Connecticut's trade flows and global competitiveness.
Key Facts
- Connecticut exported over $400 million worth of goods to Thailand in 2020.
- Exports to Thailand account for around 2% of Connecticut's total international exports.
- The top export categories from Connecticut to Thailand include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of exports from the U.S. state of Connecticut to Thailand over time.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Connecticut's trade relationship with Thailand, which is an important economic partner. It can help analysts and policymakers assess the state's export performance and global competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This trend can inform policymakers and trade officials about Connecticut's export dynamics, which can influence decisions related to international trade agreements, export promotion programs, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Census Bureau, but there may be some delays in reporting due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Value of Exports to Thailand from Connecticut (CTTHAA052SCEN), retrieved from FRED.