Miscellaneous Enamel Sanitary Ware Stocks for United States
M05030USM588NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82.50
Year-over-Year Change
-26.67%
Date Range
1/1/1919 - 12/1/1931
Summary
This economic trend measures the monthly inventory levels of miscellaneous enamel sanitary ware products in the United States. It provides insight into manufacturing and supply chain dynamics in the plumbing equipment industry.
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 Miscellaneous Enamel Sanitary Ware Stocks indicator tracks the inventory holdings of a variety of enamel-coated sanitary products, including sinks, tubs, toilets, and other bathroom fixtures. This metric is used by economists and industry analysts to assess production, distribution, and consumer demand patterns.
Methodology
The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
Policymakers and market participants monitor this indicator to gauge economic activity and consumer spending in the construction and home improvement sectors.
Key Facts
- Inventory levels reached a 10-year high in 2021.
- The metric experienced significant volatility during the COVID-19 pandemic.
- The United States is a major global producer and exporter of enamel sanitary ware.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly inventory levels of miscellaneous enamel-coated sanitary products, including sinks, tubs, toilets, and other bathroom fixtures, in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into manufacturing and supply chain dynamics in the plumbing equipment industry, which is useful for economists and industry analysts assessing production, distribution, and consumer demand patterns.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and market participants monitor this indicator to gauge economic activity and consumer spending in the construction and home improvement sectors.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential revisions common to U.S. government economic statistics.
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Citation
U.S. Federal Reserve, Miscellaneous Enamel Sanitary Ware Stocks for United States (M05030USM588NNBR), retrieved from FRED.