Southern Pine Lumber Shipments for United States
M0238AUSM388NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.00
Year-over-Year Change
-16.99%
Date Range
1/1/1916 - 12/1/1934
Summary
The Southern Pine Lumber Shipments for United States measures the monthly shipments of southern pine lumber products, a key indicator of construction activity and demand.
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 tracks the volume of shipments for a variety of southern pine lumber products, which are widely used in residential and commercial construction. Monitoring these shipment trends provides insights into the health of the construction sector and broader economic conditions.
Methodology
The data is collected through surveys of lumber producers and wholesalers.
Historical Context
Policymakers and analysts use this indicator to assess the state of the housing and construction markets.
Key Facts
- Southern pine is a major source of lumber in the United States.
- Lumber shipments track the volume of products moving through the supply chain.
- This indicator is closely watched by policymakers and industry analysts.
FAQs
Q: What does this economic trend measure?
A: The Southern Pine Lumber Shipments for United States measures the monthly volume of shipments for southern pine lumber products, which are widely used in construction.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the health of the construction sector and broader economic conditions, as lumber shipments are a key driver of activity in the housing and commercial building markets.
Q: How is this data collected or calculated?
A: The data is collected through surveys of lumber producers and wholesalers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the state of the housing and construction markets, which are important drivers of economic growth.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a typical lag of several weeks between the reference period and the public release.
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Citation
U.S. Federal Reserve, Southern Pine Lumber Shipments for United States (M0238AUSM388NNBR), retrieved from FRED.