Value of Exports to Singapore from Connecticut
CTSGPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
390,877,330.00
Year-over-Year Change
73.43%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend tracks the value of exports from the U.S. state of Connecticut to Singapore. It provides insights into trade dynamics between Connecticut and a key international 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 Value of Exports to Singapore from Connecticut metric measures the total dollar value of goods and services exported from Connecticut to the Southeast Asian nation of Singapore. This data point is used by economists and policymakers to analyze Connecticut's export performance and trade relationships.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Tracking Connecticut's exports to Singapore is relevant for understanding the state's economic competitiveness and integration in global trade.
Key Facts
- Connecticut exported over $800 million in goods to Singapore in 2021.
- Singapore was Connecticut's 9th largest export destination in 2021.
- Machinery and computer/electronic products are top Connecticut exports to Singapore.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Connecticut to the country of Singapore.
Q: Why is this trend relevant for users or analysts?
A: Tracking Connecticut's exports to Singapore provides insights into the state's trade relationships and economic competitiveness in a key international market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze Connecticut's export performance and inform decisions related to trade, economic development, and international competitiveness.
Q: Are there update delays or limitations?
A: The data is published with a lag, so there may be several months between the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Value of Exports to Singapore from Connecticut (CTSGPA052SCEN), retrieved from FRED.