Value of Exports to Mexico from Connecticut
CTMEXA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,014,864,389.00
Year-over-Year Change
96.57%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Mexico from Connecticut' tracks the total dollar value of goods and services exported from the U.S. state of Connecticut to Mexico. This metric provides insight into Connecticut's trade relationship with its southern neighbor.
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 series measures the monetary value of all exported products and services originating from Connecticut and destined for the Mexican market. It is a key indicator of economic activity and commercial ties between the two regions.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This export value trend is widely used by policymakers, economists, and trade analysts to monitor and forecast economic conditions.
Key Facts
- Connecticut's exports to Mexico totaled over $1.2 billion in 2021.
- Mexico is Connecticut's 5th largest export destination globally.
- Machinery, chemicals, and transportation equipment are top Connecticut exports to Mexico.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total monetary value of goods and services exported from the U.S. state of Connecticut to Mexico.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and economic ties between Connecticut and its southern neighbor, Mexico.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and trade analysts use this export value trend to monitor and forecast economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Value of Exports to Mexico from Connecticut (CTMEXA052SCEN), retrieved from FRED.