Visible Supply of Cotton for United States
Thousands of Running Bales, Monthly, Not Seasonally Adjusted
M0503FUSM596NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,708.00
Year-over-Year Change
11.27%
Date Range
7/1/1927 - 8/1/1941
Summary
The 'Thousands of Running Bales, Monthly, Not Seasonally Adjusted' trend measures the volume of cotton bales produced and processed in the United States on a monthly basis. This metric is closely watched by economists and industry analysts to gauge the health and output of the American cotton 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
This economic indicator tracks the total number of cotton bales processed by U.S. cotton gins and warehouses on a monthly basis. The data provides insights into the supply and demand dynamics of the cotton market, which is an important input for various industries including textiles, apparel, and agriculture.
Methodology
The data is collected by the U.S. Department of Agriculture through surveys of cotton ginners and warehouse operators.
Historical Context
Policymakers and industry analysts use this metric to assess the strength of the cotton production sector and its impact on the broader economy.
Key Facts
- Cotton is a major agricultural commodity in the United States.
- The U.S. is one of the world's largest producers and exporters of cotton.
- The cotton industry employs over 200,000 people in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of cotton bales processed by U.S. cotton gins and warehouses on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the supply and demand dynamics of the cotton market, which is an important input for various industries including textiles, apparel, and agriculture.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Agriculture through surveys of cotton ginners and warehouse operators.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this metric to assess the strength of the cotton production sector and its impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a short delay, providing timely insights into the cotton industry.
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Citation
U.S. Federal Reserve, Thousands of Running Bales, Monthly, Not Seasonally Adjusted (M0503FUSM596NNBR), retrieved from FRED.