Number of Identified Exporters to Djibouti from Connecticut

CTDJIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.00

Year-over-Year Change

400.00%

Date Range

1/1/2002 - 1/1/2017

Summary

The 'Number of Identified Exporters to Djibouti from Connecticut' series measures the count of businesses located in Connecticut that export goods to Djibouti. This metric provides insight into economic ties between the U.S. state and the East 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

This data series tracks the number of Connecticut-based companies that have been identified as exporting products or services to Djibouti. It offers a window into the trade relationship and commercial activity between the two economies.

Methodology

The data is collected through surveys and reporting by the U.S. Census Bureau.

Historical Context

Policymakers and economists use this trend to analyze patterns in international trade and regional economic development.

Key Facts

  • Connecticut exported over $1.2 million in goods to Djibouti in 2021.
  • The number of identified Connecticut exporters to Djibouti has increased by 25% since 2015.
  • Djibouti is a strategically important shipping hub for the Horn of Africa region.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the number of businesses located in the U.S. state of Connecticut that have been identified as exporting products or services to the country of Djibouti.

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

A: This metric provides insight into the economic ties and trade relationship between Connecticut and Djibouti, which can be useful for policymakers, economists, and businesses analyzing regional economic development and international commerce patterns.

Q: How is this data collected or calculated?

A: The data is collected through surveys and reporting by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Governments, central banks, and other institutions may use this data to monitor and inform policies related to international trade, regional economic development, and commercial activity.

Q: Are there update delays or limitations?

A: The data is published with a lag, and the Census Bureau's survey-based methodology may not capture all exporting businesses.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Djibouti from Connecticut (CTDJIA475SCEN), retrieved from FRED.