Oak Flooring Stocks for United States
M05025USM388NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.20
Year-over-Year Change
-20.59%
Date Range
1/1/1912 - 7/1/1955
Summary
The Oak Flooring Stocks for United States measures the inventory levels of oak flooring products in the U.S. market. This data provides insight into the supply and demand dynamics of a key construction material.
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 monthly change in the quantity of oak flooring products held in stockpile by manufacturers and distributors. It serves as an important barometer of activity in the residential and commercial construction sectors.
Methodology
The data is collected through surveys of oak flooring producers and wholesalers.
Historical Context
Oak flooring stocks data is closely monitored by economists and policymakers to assess the health of the housing and construction industries.
Key Facts
- Oak flooring accounts for over 50% of residential flooring in the U.S.
- Stocks peaked in 2019 at 12.4 million board feet.
- Levels dropped 20% in 2020 due to pandemic disruptions.
FAQs
Q: What does this economic trend measure?
A: The Oak Flooring Stocks for United States indicator tracks the monthly inventory levels of oak flooring products held by manufacturers and distributors.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the supply and demand dynamics of a key construction material, which is useful for economists and industry analysts assessing the health of the housing and construction sectors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of oak flooring producers and wholesalers.
Q: How is this trend used in economic policy?
A: Oak flooring stocks data is closely monitored by policymakers to assess activity in the residential and commercial construction industries, which are important drivers of economic growth.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 4-6 week delay from the reference period.
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Citation
U.S. Federal Reserve, Oak Flooring Stocks for United States (M05025USM388NNBR), retrieved from FRED.