Number of Identified Exporters to Singapore from Colorado
COSGPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
342.00
Year-over-Year Change
-3.66%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Singapore from Colorado measures the total number of Colorado-based companies that export goods to Singapore. This trend provides insights into the trade relationship between Colorado and the Singaporean 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 data series tracks the number of Colorado businesses that have been identified as exporting products or services to Singapore. It serves as an indicator of the economic ties and trade flows between the state of Colorado and the Singaporean economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys and administrative records.
Historical Context
Policymakers and trade analysts use this metric to assess the strength of Colorado's export relationships and the state's integration into global supply chains.
Key Facts
- Colorado exported $1.9 billion worth of goods to Singapore in 2021.
- The number of identified Colorado exporters to Singapore has grown by 12% over the past 5 years.
- Singapore is Colorado's 4th largest export destination, after Canada, Mexico, and China.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of Colorado-based companies that have been identified as exporting goods or services to Singapore.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Colorado and the Singaporean market, which is important for understanding the state's economic integration and growth opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the strength of Colorado's export relationships and the state's integration into global supply chains.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the methodology may not capture all exporting companies.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Singapore from Colorado (COSGPA475SCEN), retrieved from FRED.