Number of Identified Exporters to South Africa from Connecticut
CTZAFA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
167.00
Year-over-Year Change
-13.92%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to South Africa from Connecticut' measures the count of businesses located in Connecticut that export goods to South Africa. This trend is an important indicator of trade activity and economic ties between Connecticut and the South African 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
This series tracks the number of exporters in Connecticut that sell products to South Africa. It provides insights into the commercial relationships and trade flows between the state and the African nation, which is valuable for policymakers, businesses, and economic analysts.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Trends in exporter counts are used to assess market access, competitiveness, and the health of trade partnerships.
Key Facts
- Connecticut exported over $200 million in goods to South Africa in 2021.
- The number of identified Connecticut exporters to South Africa has increased by 15% since 2015.
- Aerospace products and parts are Connecticut's top export to South Africa.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the state of Connecticut that are identified as exporting goods to South Africa.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of exporters provides insights into the trade relationship between Connecticut and South Africa, which is valuable for understanding market access, competitiveness, and the health of this commercial partnership.
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: Trends in exporter counts are used by policymakers, businesses, and economic analysts to assess market conditions, trade flows, and the effectiveness of policies affecting international commerce.
Q: Are there update delays or limitations?
A: There may be some delay in data availability, as the Census Bureau compiles the information from various sources. The exporter count may not capture all small or informal businesses participating in this trade channel.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to South Africa from Connecticut (CTZAFA475SCEN), retrieved from FRED.