Southern Pine Lumber Production for United States
M0237AUSM388NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.00
Year-over-Year Change
-26.04%
Date Range
1/1/1916 - 12/1/1934
Summary
The Southern Pine Lumber Production for United States measures the monthly output of softwood lumber produced from southern pine trees in the United States. This metric is a key indicator of forestry and construction industry 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
Southern pine is a commercially important softwood lumber used extensively in residential and commercial construction. This production index tracks the volume of southern pine lumber harvested, processed, and distributed across the country.
Methodology
The data is collected through surveys of sawmills and other timber processing facilities.
Historical Context
Lumber production figures are closely monitored by policymakers, investors, and industry analysts to assess the health of the housing and construction sectors.
Key Facts
- Southern pine is the most widely produced softwood lumber in the United States.
- Lumber production is a leading indicator of construction activity and economic growth.
- The United States is a major global exporter of southern pine lumber.
FAQs
Q: What does this economic trend measure?
A: The Southern Pine Lumber Production for United States measures the monthly output of softwood lumber harvested from southern pine trees and processed by mills across the country.
Q: Why is this trend relevant for users or analysts?
A: Lumber production is a key indicator of activity in the construction and housing sectors, which are major drivers of economic growth. This metric is closely watched by policymakers, investors, and industry stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through surveys of sawmills and other timber processing facilities across the United States.
Q: How is this trend used in economic policy?
A: Lumber production figures are analyzed by economists and policymakers to assess the health of the housing and construction markets, which have significant impacts on employment, consumer spending, and overall economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay. While comprehensive, the survey-based methodology may not fully capture all lumber production activity.
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Citation
U.S. Federal Reserve, Southern Pine Lumber Production for United States (M0237AUSM388NNBR), retrieved from FRED.