Value of Exports to Ireland from Connecticut
CTIRLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49,235,104.00
Year-over-Year Change
-64.42%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Connecticut to Ireland. It provides insight into trade flows and the strength of economic ties between these regions.
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 Ireland from Connecticut series tracks the total dollar value of goods and services exported from Connecticut to Ireland over time. This data point is used by economists and policymakers to analyze patterns in international trade and the health of regional export-focused industries.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Connecticut businesses.
Historical Context
This export data informs policy decisions related to international trade agreements and supports market analysis of Ireland-Connecticut commercial relationships.
Key Facts
- Connecticut exported $280 million in goods to Ireland in 2021.
- Exports to Ireland account for 3.2% of total Connecticut exports.
- Top Connecticut exports to Ireland include machinery, chemicals, and electronics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of exports from the U.S. state of Connecticut to Ireland over time.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into trade flows and the strength of economic ties between Connecticut and Ireland, which is valuable for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Connecticut businesses.
Q: How is this trend used in economic policy?
A: This export data informs policy decisions related to international trade agreements and supports market analysis of Ireland-Connecticut commercial relationships.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, so there may be a short delay in availability.
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Citation
U.S. Federal Reserve, Value of Exports to Ireland from Connecticut (CTIRLA052SCEN), retrieved from FRED.