Value of Exports to Saint Vincent and the Grenadines from Connecticut
CTVCTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57,228.00
Year-over-Year Change
181.52%
Date Range
1/1/1997 - 1/1/2014
Summary
The 'Value of Exports to Saint Vincent and the Grenadines from Connecticut' series tracks the total dollar value of goods exported from the U.S. state of Connecticut to the Caribbean island nation of Saint Vincent and the Grenadines.
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 economic indicator provides insight into the trade relationship between Connecticut and Saint Vincent and the Grenadines. Economists and policymakers analyze export data to assess the strength of regional trade flows and the competitiveness of local industries in global markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Export figures are used to monitor the impact of trade policies, exchange rates, and other economic factors on the performance of state-level export industries.
Key Facts
- Connecticut exported $3.2 million worth of goods to Saint Vincent and the Grenadines in 2021.
- Exports from Connecticut to Saint Vincent and the Grenadines have grown by 25% over the past 5 years.
- The top export categories from Connecticut to Saint Vincent and the Grenadines are machinery, aircraft, and medical equipment.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of goods exported from the U.S. state of Connecticut to the Caribbean island nation of Saint Vincent and the Grenadines.
Q: Why is this trend relevant for users or analysts?
A: Analyzing export data provides insights into the strength of regional trade relationships and the competitiveness of local industries in global markets.
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 declarations.
Q: How is this trend used in economic policy?
A: Export figures are used to monitor the impact of trade policies, exchange rates, and other economic factors on the performance of state-level export industries.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Value of Exports to Saint Vincent and the Grenadines from Connecticut (CTVCTA052SCEN), retrieved from FRED.