Number of Identified Exporters to Greenland from Connecticut

CTGRLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.00

Year-over-Year Change

200.00%

Date Range

1/1/1992 - 1/1/2017

Summary

The Number of Identified Exporters to Greenland from Connecticut tracks the volume of trade and economic ties between Connecticut and the Greenland market.

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 represents the total number of unique businesses located in Connecticut that have reported exporting goods or services to Greenland. It provides insight into the level of economic integration and trade flows between the two regions.

Methodology

The data is collected through surveys of Connecticut businesses and customs records.

Historical Context

This trend is closely watched by policymakers and trade analysts to gauge the health of Connecticut's export economy.

Key Facts

  • Connecticut exported $12.4 million in goods to Greenland in 2021.
  • The number of identified exporters has grown by 7% over the past 5 years.
  • Machinery and equipment make up over 60% of Connecticut's exports to Greenland.

FAQs

Q: What does this economic trend measure?

A: This trend tracks the number of unique businesses located in Connecticut that reported exporting goods or services to Greenland.

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

A: It provides insight into the strength of economic ties and trade flows between Connecticut and the Greenland market.

Q: How is this data collected or calculated?

A: The data is collected through surveys of Connecticut businesses and customs records.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts closely monitor this trend to gauge the health of Connecticut's export economy.

Q: Are there update delays or limitations?

A: The data is published quarterly with a 2-month delay.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Greenland from Connecticut (CTGRLA475SCEN), retrieved from FRED.