Exports of Goods for Connecticut
EXPTOTCT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,399.51
Year-over-Year Change
-4.29%
Date Range
8/1/1995 - 6/1/2025
Summary
The Exports of Goods for Connecticut metric measures the total value of goods exported from the state of Connecticut. This data is a key indicator of Connecticut's international trade and economic activity.
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 Exports of Goods for Connecticut series tracks the total dollar value of merchandise goods shipped from businesses located in Connecticut to international destinations. This metric is used by economists, policymakers, and businesses to gauge the state's participation in global trade and its economic competitiveness.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Exports data helps inform trade policy and business strategy decisions.
Key Facts
- Connecticut exported $17.1 billion in goods in 2021.
- Aerospace products are Connecticut's top export commodity.
- Canada is the largest destination for Connecticut's exports.
FAQs
Q: What does this economic trend measure?
A: The Exports of Goods for Connecticut metric measures the total value of merchandise goods exported from businesses located in the state of Connecticut to international destinations.
Q: Why is this trend relevant for users or analysts?
A: Exports data is a key indicator of a state's participation in global trade and economic competitiveness. It informs trade policy, business strategy, and analysis of Connecticut's economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies located in Connecticut.
Q: How is this trend used in economic policy?
A: Exports data helps inform trade policy decisions and is used by policymakers, economists, and businesses to assess Connecticut's economic competitiveness and global market engagement.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month lag in the reporting of exports data due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Exports of Goods for Connecticut (EXPTOTCT), retrieved from FRED.