Number of Identified Exporters to Benin from Connecticut

CTBENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

19.00

Year-over-Year Change

111.11%

Date Range

1/1/1992 - 1/1/2017

Summary

The Number of Identified Exporters to Benin from Connecticut trend measures the count of businesses located in Connecticut that export goods to the West African nation of Benin.

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 metric provides insight into the trade relationship between Connecticut and Benin, representing the level of commercial activity and economic integration between the two regions.

Methodology

The data is collected by the U.S. Census Bureau through surveys of exporting firms.

Historical Context

Policymakers and trade analysts use this trend to monitor the health of Connecticut's international export markets.

Key Facts

  • Connecticut is a major U.S. exporting state.
  • Benin is a developing economy in West Africa.
  • Exporting supports local jobs and economic growth.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses located in the U.S. state of Connecticut that export goods to the country of Benin in West Africa.

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

A: This metric provides insight into the trade relationship between Connecticut and Benin, which is important for understanding regional economic dynamics and international commerce.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this trend to monitor the health of Connecticut's international export markets and inform decisions around economic development and trade policy.

Q: Are there update delays or limitations?

A: The data may have a lag of several months between the reference period and the time of publication.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Benin from Connecticut (CTBENA475SCEN), retrieved from FRED.