Visible Supply of Cotton for United States
Thousands of Running Bales, Monthly, Not Seasonally Adjusted
M0503DUSM596NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
853.00
Year-over-Year Change
-28.98%
Date Range
9/1/1902 - 7/1/1916
Summary
This economic trend measures the number of running bales of cotton produced monthly in the United States. It is an important indicator for the country's agricultural and textile industries.
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 'Thousands of Running Bales, Monthly, Not Seasonally Adjusted' series tracks the total volume of cotton harvested and processed each month. This metric provides insight into the health and output of the U.S. cotton farming and manufacturing sectors.
Methodology
The data is collected through surveys of cotton ginners and producers across the country.
Historical Context
Policymakers and industry analysts use this trend to monitor the supply and demand dynamics of the domestic cotton market.
Key Facts
- Cotton is one of the most widely grown crops in the United States.
- Running bales is a standard unit of measurement for unprocessed cotton fiber.
- The U.S. is a major global exporter of cotton and cotton products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly volume of running bales of cotton produced in the United States, providing insight into the output of the domestic cotton industry.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator for monitoring the supply and demand dynamics of the U.S. cotton market, which is crucial for policymakers, agricultural businesses, and textile manufacturers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of cotton ginners and producers across the country.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this trend to understand the health and output of the domestic cotton industry, which informs decisions related to agricultural policies, trade, and economic development.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical lag of several weeks. The series does not account for seasonal variations in cotton production.
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Citation
U.S. Federal Reserve, Thousands of Running Bales, Monthly, Not Seasonally Adjusted (M0503DUSM596NNBR), retrieved from FRED.