Lead Stocks at Smelteries and Refineries for United States and Mexico
M0562A47M601NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
144.40
Year-over-Year Change
-8.67%
Date Range
12/1/1923 - 3/1/1930
Summary
This economic indicator tracks the lead stocks at smelteries and refineries in the United States and Mexico, providing insights into the supply and demand dynamics of the lead 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 Lead Stocks at Smelteries and Refineries metric measures the inventory levels of lead held by smelting and refining facilities in the U.S. and Mexico. It serves as a key indicator of the lead industry's production capacity and market balance.
Methodology
The data is collected through surveys of lead smelting and refining facilities in the two countries.
Historical Context
This trend is closely monitored by policymakers and industry analysts to assess the health and stability of the lead supply chain.
Key Facts
- The United States and Mexico are major producers and consumers of lead.
- Lead is a critical input for various industries, including automotive, construction, and electronics.
- Monitoring lead inventory levels helps assess the industry's ability to meet demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the inventory levels of lead held by smelting and refining facilities in the United States and Mexico.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the supply and demand dynamics of the lead industry, which is crucial for policymakers and industry analysts to assess the health and stability of the lead supply chain.
Q: How is this data collected or calculated?
A: The data is collected through surveys of lead smelting and refining facilities in the U.S. and Mexico.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers and industry analysts to assess the lead industry's production capacity and market balance, which informs policy decisions and industry strategies.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and accuracy of the survey responses from the smelting and refining facilities.
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Citation
U.S. Federal Reserve, Lead Stocks at Smelteries and Refineries for United States and Mexico (M0562A47M601NNBR), retrieved from FRED.