Number of Identified Exporters to Christmas Island from Colorado
COCXRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/2012 - 1/1/2015
Summary
This economic trend measures the number of exporters from Colorado to Christmas Island. It provides insights into the trade and commercial 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
The Number of Identified Exporters to Christmas Island from Colorado is a measure of the volume and diversity of export activity from Colorado to the remote island territory. This data point is valuable for understanding regional trade patterns and economic integration.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and commercial transactions.
Historical Context
This trend is used by economists and policymakers to analyze the strength of Colorado's export economy and its connectivity to global markets.
Key Facts
- Colorado exported to Christmas Island in 2021.
- The number of exporters has trended upward over the past decade.
- Trade with Christmas Island accounts for a small fraction of Colorado's total exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses and individuals located in Colorado that export goods or services to Christmas Island.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the commercial and trade relationship between Colorado and the remote territory of Christmas Island, which can inform economic development and trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and analysis of commercial transaction records.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to understand Colorado's export economy and its connectivity to global markets, which can inform decisions around trade agreements, infrastructure investments, and export promotion programs.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the small size of the Christmas Island market means the number of exporters can be volatile from year to year.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Christmas Island from Colorado (COCXRA475SCEN), retrieved from FRED.