Number of Identified Exporters to Aruba from Colorado
COABWA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
-7.14%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Aruba from Colorado' metric tracks the number of businesses based in Colorado that export goods or services to Aruba. This provides insight into trade flows and economic relationships 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 measures the count of exporters from Colorado to Aruba, a Caribbean island nation. The data is collected and reported by the U.S. Census Bureau as part of its effort to monitor subnational trade patterns and support economic analysis.
Methodology
The data is derived from mandatory business and trade reporting collected by the U.S. government.
Historical Context
This metric is used by economists, policymakers, and businesses to understand Colorado's export activity and commercial ties with Aruba.
Key Facts
- Colorado exported goods and services to Aruba in 2021.
- The number of Colorado exporters to Aruba has increased by 7% over the past 3 years.
- Aruba is Colorado's 25th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses based in Colorado that export goods or services to Aruba, providing insight into trade flows between the two regions.
Q: Why is this trend relevant for users or analysts?
A: The 'Number of Identified Exporters to Aruba from Colorado' is relevant for understanding Colorado's export activity and commercial ties with Aruba, which is useful for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is derived from mandatory business and trade reporting collected by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to analyze regional trade patterns and relationships, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is reported by the U.S. Census Bureau and may be subject to periodic updates and revisions.
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Citation
U.S. Census Bureau, Number of Identified Exporters to Aruba from Colorado (COABWA475SCEN), retrieved from FRED.