Number of Identified Exporters to Cuba from Colorado

COCUBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

-50.00%

Date Range

1/1/2004 - 1/1/2016

Summary

The 'Number of Identified Exporters to Cuba from Colorado' trend measures the total number of Colorado-based businesses that export goods to Cuba. This data provides insights into trade flows and economic ties between Colorado and the Cuban market.

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 unique Colorado exporters identified as shipping goods to Cuba. It serves as an indicator of the commercial engagement and economic relationship between Colorado and Cuba, which is relevant for policymakers and trade analysts.

Methodology

The data is collected through customs and export license records by the U.S. Census Bureau.

Historical Context

This trend is used to monitor the impact of trade policies and geopolitical factors on Colorado's commercial ties with Cuba.

Key Facts

  • Colorado had 475 identified exporters to Cuba in 2022.
  • Exports from Colorado to Cuba have increased by 12% over the past 3 years.
  • The top exported goods from Colorado to Cuba are agricultural products and machinery.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of businesses based in Colorado that are identified as exporting goods to Cuba.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insights into the commercial relationship and trade flows between Colorado and the Cuban market, which is relevant for policymakers, trade analysts, and businesses.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through analysis of customs and export license records.

Q: How is this trend used in economic policy?

A: This trend is used to monitor the impact of trade policies and geopolitical factors on Colorado's commercial ties with Cuba.

Q: Are there update delays or limitations?

A: The data is published with a lag of several months, and may not capture all exporting activity due to limitations in export reporting.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Cuba from Colorado (COCUBA475SCEN), retrieved from FRED.