Number of Identified Exporters to Norfolk Island from Connecticut
CTNFKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1997 - 1/1/2015
Summary
This economic trend measures the number of identified exporters to Norfolk Island from the U.S. state of Connecticut. It provides insights into the trade and commercial activity between Connecticut and this remote territory.
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 Norfolk Island from Connecticut is an important indicator of the economic relationship and trade flows between the U.S. state and this small island. It can be used to analyze trends in export activity and the strength of commercial ties.
Methodology
The data is collected through surveys and administrative records of export transactions.
Historical Context
This trend is relevant for policymakers and analysts studying patterns of international trade and economic integration.
Key Facts
- Norfolk Island is a small island territory in the South Pacific, about 1,600 km east of Australia.
- Connecticut is a northeastern U.S. state known for its diverse manufacturing and services economy.
- The data is reported on a monthly basis by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of identified exporters from the U.S. state of Connecticut that export goods to the remote territory of Norfolk Island.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the commercial and trade relationship between Connecticut and Norfolk Island, which can be useful for policymakers and economists studying patterns of international trade and economic integration.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records of export transactions.
Q: How is this trend used in economic policy?
A: This trend can be used by policymakers and analysts to monitor and evaluate the strength of trade ties between Connecticut and Norfolk Island, which may inform decisions related to trade agreements, market access, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, but there may be some delays in the reporting process.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Norfolk Island from Connecticut (CTNFKA475SCEN), retrieved from FRED.