Tonnage Entered, British and Foreign for Great Britain
M03025GBM583NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,617.00
Year-over-Year Change
3.12%
Date Range
5/1/1856 - 8/1/1939
Summary
The 'Tonnage Entered, British and Foreign for Great Britain' series measures the total tonnage of ships arriving at British ports, a key indicator of 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
This economic trend tracks the total volume of cargo and vessels entering Great Britain, providing insights into the country's import and export dynamics as well as the broader state of global commerce. The data is closely monitored by economists, policymakers, and industry analysts.
Methodology
The data is collected by the U.K. government through port authorities and customs records.
Historical Context
Trends in total tonnage entered can signal shifts in consumer demand, production, and trade policies that impact Britain's economic performance.
Key Facts
- Tonnage data dates back to the 1800s, providing historical economic context.
- Bulk cargo such as oil, coal, and grains make up a significant portion of total tonnage.
- Declines in tonnage can signal weakening global demand or trade disruptions.
FAQs
Q: What does this economic trend measure?
A: The 'Tonnage Entered, British and Foreign for Great Britain' series tracks the total volume of cargo and vessels arriving at British ports, a key indicator of the country's international trade activity and economic performance.
Q: Why is this trend relevant for users or analysts?
A: Trends in total tonnage provide valuable insights into consumer demand, production, and trade policies that impact Britain's economy. The data is closely monitored by economists, policymakers, and industry analysts to gauge the health of global commerce.
Q: How is this data collected or calculated?
A: The data is collected by the U.K. government through port authorities and customs records.
Q: How is this trend used in economic policy?
A: Fluctuations in total tonnage entered can signal shifts in consumer demand, production, and trade policies that impact Britain's economic performance, informing decisions by policymakers, central banks, and industry leaders.
Q: Are there update delays or limitations?
A: The data is published with a relatively short delay, allowing for timely analysis of current economic conditions. However, the historical depth of the series provides important context for interpreting short-term changes.
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Citation
U.S. Federal Reserve, Tonnage Entered, British and Foreign for Great Britain (M03025GBM583NNBR), retrieved from FRED.