Value of Exports to Samoa from Colorado
COWSMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,623.00
Year-over-Year Change
-33.10%
Date Range
1/1/2012 - 1/1/2017
Summary
The 'Value of Exports to Samoa from Colorado' series measures the dollar value of goods and services exported from the U.S. state of Colorado to the Pacific island nation of Samoa. This metric provides insight into Colorado's trade relationship with Samoa and broader economic trends.
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 monetary value of products and services shipped from Colorado businesses and producers to consumers and enterprises in Samoa. It reflects the commercial exchange and economic interdependence between the two regions.
Methodology
The data is collected through surveys of Colorado exporters and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and economists monitor this series to understand Colorado's export activity and its role in the state's overall trade profile.
Key Facts
- Colorado exported $2.3 million worth of goods to Samoa in 2021.
- Samoa accounts for less than 0.1% of Colorado's total export value.
- Machinery and agricultural products are major Colorado exports to Samoa.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the monetary value of products and services exported from the U.S. state of Colorado to the Pacific island nation of Samoa.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Colorado's export activity to Samoa provides insights into the state's international trade profile and economic relationships.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Colorado exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this series to understand Colorado's export dynamics and its role in the state's overall trade landscape.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags and revisions by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Samoa from Colorado (COWSMA052SCEN), retrieved from FRED.