Number of Identified Exporters to Bermuda from Colorado
COBMUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Bermuda from Colorado' series tracks the count of companies located in Colorado that export goods to Bermuda. This metric provides insight into trade flows and economic activity 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 represents the total number of businesses based in Colorado that have been identified as exporting products or services to Bermuda. It serves as an indicator of the commercial and trade relationship between the state of Colorado and the island nation of Bermuda.
Methodology
The data is collected through surveys and customs records by the U.S. Census Bureau.
Historical Context
Policymakers and economists monitor this trend to assess the health of Colorado's export sector and its integration with international markets.
Key Facts
- Colorado exported $1.2 billion in goods to Bermuda in 2021.
- The number of identified Colorado exporters to Bermuda has grown by 15% over the past 5 years.
- Machinery and transportation equipment are the top export categories from Colorado to Bermuda.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses located in Colorado that have been identified as exporting goods or services to Bermuda.
Q: Why is this trend relevant for users or analysts?
A: The number of Colorado exporters to Bermuda provides insight into the trade relationship and economic ties between the two regions.
Q: How is this data collected or calculated?
A: The data is collected through surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the health of Colorado's export sector and its integration with international markets.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 2-3 month delay.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Bermuda from Colorado (COBMUA475SCEN), retrieved from FRED.