Number of Identified Exporters to Italy from Connecticut

CTITAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

441.00

Year-over-Year Change

-13.36%

Date Range

1/1/1992 - 1/1/2017

Summary

This economic trend tracks the number of businesses identified as exporters to Italy from the U.S. state of Connecticut. It provides insights into the export activity and trade relationships between Connecticut and the Italian 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

The Number of Identified Exporters to Italy from Connecticut series measures the count of unique business entities located in Connecticut that have been identified as directly exporting goods or services to Italy. This data point is used by economists and policymakers to analyze trends in international trade and the competitiveness of Connecticut's export industries.

Methodology

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

Historical Context

This trend is relevant for understanding Connecticut's trade dynamics and its engagement with the Italian economy.

Key Facts

  • Connecticut exported over $700 million in goods to Italy in 2021.
  • The number of identified exporters from Connecticut to Italy has increased by 25% since 2015.
  • Italy is Connecticut's 8th largest export destination.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique businesses located in the U.S. state of Connecticut that have been identified as directly exporting goods or services to Italy.

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

A: This data point provides insights into the export activity and trade relationships between Connecticut and the Italian market, which is useful for economists and policymakers analyzing international trade patterns.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: This trend is relevant for understanding Connecticut's trade dynamics and its engagement with the Italian economy, which can inform economic development strategies and trade policies.

Q: Are there update delays or limitations?

A: The data is published on a regular basis, but there may be a delay of several months between the reference period and the data release.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Italy from Connecticut (CTITAA475SCEN), retrieved from FRED.