Value of Exports to Montserrat from Colorado
COMSRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,734.00
Year-over-Year Change
0.00%
Date Range
1/1/2004 - 1/1/2004
Summary
The 'Value of Exports to Montserrat from Colorado' metric tracks the dollar value of goods and services exported from the U.S. state of Colorado to the Caribbean island nation of Montserrat. This data provides insights into Colorado's trade relationships and economic connections with overseas markets.
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 economic series represents the total monetary value of all products and services shipped from Colorado to Montserrat over a given time period. Analysts and policymakers use this data to assess Colorado's export performance and understand its trade dynamics with smaller international markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Colorado-based companies and exporters.
Historical Context
Monitoring state-level export trends is crucial for informing economic development strategies and trade policy decisions.
Key Facts
- Colorado exported $2.4 million in goods to Montserrat in 2021.
- Exports to Montserrat account for less than 0.1% of total Colorado exports.
- The top export categories are machinery, agricultural products, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of goods and services exported from the U.S. state of Colorado to the Caribbean island nation of Montserrat.
Q: Why is this trend relevant for users or analysts?
A: Monitoring state-level export performance provides insights into a region's trade relationships and economic connections with overseas markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Colorado-based companies and exporters.
Q: How is this trend used in economic policy?
A: Tracking state export trends informs economic development strategies and trade policy decisions at the regional and national level.
Q: Are there update delays or limitations?
A: The data may have a 1-2 month reporting lag, and it only covers exports from the state of Colorado to Montserrat.
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Value of Exports to Montserrat from New Jersey
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Citation
U.S. Federal Reserve, Value of Exports to Montserrat from Colorado (COMSRA052SCEN), retrieved from FRED.