Slab Zinc Stocks at Refineries for United States
M0558AUSM601NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.40
Year-over-Year Change
11.48%
Date Range
12/1/1919 - 9/1/1929
Summary
This trend measures the total inventory of refined zinc stocks held at refineries in the United States. It is an important indicator of supply and demand dynamics in the global zinc market.
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 Slab Zinc Stocks at Refineries for United States series tracks the volume of refined zinc held in storage at zinc refineries located within the country. This provides insight into the availability of refined zinc, which is a key industrial metal used in galvanization, alloys, and other applications.
Methodology
The data is collected and reported monthly by the U.S. Geological Survey.
Historical Context
Analysts and policymakers monitor this series to assess the health of the domestic zinc supply chain and its implications for prices and industrial activity.
Key Facts
- Zinc is an essential industrial metal used in galvanization and alloys.
- Refined zinc stocks held at U.S. refineries averaged 66,000 metric tons in 2022.
- Zinc stocks provide a buffer against supply disruptions and price volatility.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total inventory of refined zinc stocks held at refineries located in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the availability of refined zinc, which is a critical industrial material with implications for prices, supply chains, and economic activity.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Geological Survey.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this series to assess the health of the domestic zinc supply chain and its implications for industrial activity and pricing.
Q: Are there update delays or limitations?
A: This data is published on a monthly basis, with a typical 1-2 month lag between the reference period and public release.
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Citation
U.S. Federal Reserve, Slab Zinc Stocks at Refineries for United States (M0558AUSM601NNBR), retrieved from FRED.