Raw Cattle Hide Stocks in All Hands for United States
M0548AUSM415NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.01
Year-over-Year Change
-6.96%
Date Range
12/1/1918 - 12/1/1932
Summary
This economic trend measures raw cattle hide stocks held by all entities in the United States. It provides insight into the supply and availability of a key agricultural commodity.
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 Raw Cattle Hide Stocks in All Hands metric tracks the total inventory of unprocessed cattle hides across the U.S. This data is used by economists and industry analysts to monitor supply-side dynamics and potential disruptions in the hide and leather supply chain.
Methodology
The data is collected through monthly surveys of commercial hide and leather stocks.
Historical Context
Changes in raw cattle hide stocks can indicate shifts in domestic production, trade flows, and end-user demand for leather products.
Key Facts
- The U.S. is a major global producer and exporter of raw cattle hides.
- Hide stocks fluctuate seasonally based on livestock slaughter patterns.
- Declines in hide stocks can signal tightening supply for leather manufacturers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total inventory of unprocessed raw cattle hides held by all entities in the United States.
Q: Why is this trend relevant for users or analysts?
A: Changes in raw cattle hide stocks provide insight into supply-side dynamics and potential disruptions in the domestic and global hide and leather supply chain.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of commercial hide and leather stocks.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this data to monitor supply and demand conditions in the leather industry, which has implications for trade, agricultural production, and manufacturing.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be lags in reporting and potential gaps in coverage of smaller stockpile holders.
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Citation
U.S. Federal Reserve, Raw Cattle Hide Stocks in All Hands for United States (M0548AUSM415NNBR), retrieved from FRED.