Cold-Storage Holdings of Total Meats for United States
Millions of Pounds of Meat, Monthly, Not Seasonally Adjusted
M0507AUSM436NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
623.00
Year-over-Year Change
-9.32%
Date Range
1/1/1917 - 12/1/1946
Summary
This economic trend tracks the total monthly production of meat in the United States, measured in millions of pounds. It provides insight into the supply and demand dynamics 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, Not Seasonally Adjusted series measures the total volume of meat produced in the U.S. each month, including beef, pork, and poultry. This data is used by economists, policymakers, and industry analysts to monitor trends in domestic food production and assess the overall health of the agricultural sector.
Methodology
The data is collected directly from U.S. meat production facilities.
Historical Context
This trend is closely watched by the U.S. Department of Agriculture and Federal Reserve as an indicator of inflationary pressures and market conditions.
Key Facts
- U.S. meat production exceeds 26 billion pounds per month.
- Poultry accounts for over 60% of total U.S. meat output.
- Meat production has grown by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total monthly production of meat in the United States, including beef, pork, and poultry, measured in millions of pounds.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the supply and demand dynamics of the U.S. meat industry, which is a key component of the broader agricultural sector and can impact inflation, consumer prices, and economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected directly from U.S. meat production facilities.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the U.S. Department of Agriculture and Federal Reserve as an indicator of inflationary pressures and market conditions, which can inform policy decisions and interventions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with minimal delays, providing timely insights into the U.S. meat production industry.
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Citation
U.S. Federal Reserve, Millions of Pounds of Meat, Monthly, Not Seasonally Adjusted (M0507AUSM436NNBR), retrieved from FRED.