Number of Identified Exporters to Switzerland from Connecticut
CTCHEA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
259.00
Year-over-Year Change
-12.20%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Switzerland from Connecticut' trend measures the count of companies based in Connecticut that export goods to Switzerland. This metric is important for economists and policymakers to monitor Connecticut's international trade dynamics.
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 series represents the number of unique businesses located in the state of Connecticut that have been identified as exporting products or services to Switzerland. It provides insight into the scope and diversity of Connecticut's export activities to this key trading partner.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of U.S. exporters.
Historical Context
This trend is useful for analyzing Connecticut's export competitiveness and the overall health of the state's trade relationships.
Key Facts
- Connecticut exported over $500 million in goods to Switzerland in 2021.
- The number of identified Connecticut exporters to Switzerland has grown by 20% over the past 5 years.
- Switzerland is Connecticut's 5th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the state of Connecticut that have been identified as exporting products or services to Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scope and diversity of Connecticut's export activities, which is important for analyzing the state's international trade dynamics and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: This trend is useful for policymakers and economists to monitor Connecticut's export performance and trade relationships, which can inform economic development strategies and trade policies.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, but there may be some delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Switzerland from Connecticut (CTCHEA475SCEN), retrieved from FRED.