Number of Identified Exporters to Albania from Colorado
COALBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
500.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Albania from Colorado measures the total number of businesses based in Colorado that export goods to Albania. This data provides insights into trade patterns and the economic relationship 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 tracks the count of unique Colorado-based companies that report exporting products or services to Albania. It is a useful indicator of the scale and diversity of trade activity between the two economies.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and economists monitor this trend to assess the strength of Colorado's export markets and identify opportunities for boosting bilateral trade.
Key Facts
- Colorado exported over $15 million in goods to Albania in 2021.
- The number of identified Colorado exporters to Albania has grown by 12% since 2018.
- Top export categories from Colorado to Albania include machinery, electronics, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of unique businesses based in Colorado that report exporting goods or services to Albania.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the scale and diversity of trade activity between Colorado and Albania, which is useful for policymakers, economists, and businesses interested in assessing export market opportunities.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Governments and analysts monitor this trend to understand the strength of trade relationships and identify opportunities to boost bilateral commerce between Colorado and Albania.
Q: Are there update delays or limitations?
A: The data is published with a 6-month lag, and may not capture all exporting activity due to limitations in survey responses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Albania from Colorado (COALBA475SCEN), retrieved from FRED.