Cold-Storage Holdings of Beef and Veal for United States
Millions of Pounds of Meat, Monthly, Seasonally Adjusted
M0506BUSM436SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.70
Year-over-Year Change
-20.41%
Date Range
1/1/1916 - 12/1/1930
Summary
This economic trend measures the total monthly production of meat in millions of pounds, adjusted for seasonal variations. It provides insight into the supply and processing capacity of the U.S. meat 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 Millions of Pounds of Meat, Monthly, Seasonally Adjusted metric tracks the total output of meat products in the United States on a monthly basis. This data point is used by economists and policymakers to monitor the health and capacity of the domestic meat production and processing sectors.
Methodology
The data is collected and reported by the U.S. Department of Agriculture through surveys of meat processing facilities.
Historical Context
This metric is a key indicator for understanding supply-side dynamics in agricultural commodity markets.
Key Facts
- Meat accounts for over 18% of the average American's food expenditures.
- The U.S. is the world's largest producer and exporter of beef and poultry.
- Seasonal factors like weather and holidays can significantly impact monthly meat production.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total monthly production of meat in the United States, including beef, pork, poultry, and other meat products, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The Millions of Pounds of Meat data point provides insight into the capacity and health of the U.S. meat industry, which is a critical component of the domestic food supply and a major sector of the agricultural economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of meat processing facilities by the U.S. Department of Agriculture and reported on a monthly basis.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to monitor supply-side dynamics in agricultural commodity markets, which can inform decisions around trade, production, and consumer pricing policies.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month delay in the reporting of this data, and the seasonal adjustment process may not fully account for unique events or disruptions in the meat production supply chain.
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Citation
U.S. Federal Reserve, Millions of Pounds of Meat, Monthly, Seasonally Adjusted (M0506BUSM436SNBR), retrieved from FRED.