Value of Exports to the Democratic Republic of the Congo from Connecticut
CTCODA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57,651.00
Year-over-Year Change
-58.70%
Date Range
1/1/2008 - 1/1/2014
Summary
This economic trend measures the value of exports from the U.S. state of Connecticut to the Democratic Republic of the Congo. It provides insights into Connecticut's trade relationships and economic engagement with this African nation.
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
The Value of Exports to the Democratic Republic of the Congo from Connecticut metric tracks the dollar value of goods and services exported from Connecticut to the DRC. This data point is useful for understanding Connecticut's export markets and trade dynamics with African economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and economists analyze this trend to assess Connecticut's trade competitiveness and the state's economic integration with developing markets.
Key Facts
- Connecticut's exports to the DRC were valued at $X in the most recent year.
- This trend has shown Y% growth over the past Z years.
- The DRC represents less than 1% of Connecticut's total export market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Connecticut to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into Connecticut's trade relationships and economic engagement with the DRC market, which is useful for policymakers, businesses, and economists analyzing state-level export activity.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to assess Connecticut's trade competitiveness and the state's economic integration with developing African markets.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data, and the figures may not capture all export activity due to limitations in data collection.
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Citation
U.S. Federal Reserve, Value of Exports to the Democratic Republic of the Congo from Connecticut (CTCODA052SCEN), retrieved from FRED.