Cleveland Pig Iron, Stocks Held in Connal's Warrant Stores for Cleveland or Middlesbrough District, Great Britain
M05F9BGB36000M605NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.00
Year-over-Year Change
-91.37%
Date Range
1/1/1895 - 9/1/1916
Summary
This economic indicator tracks the monthly inventory of pig iron stored in Connal's Warrant Stores in the Cleveland and Middlesbrough districts of Great Britain. It provides insight into supply and demand conditions in the British iron and steel 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 Cleveland Pig Iron, Stocks Held in Connal's Warrant Stores for Cleveland or Middlesbrough District, Great Britain series measures the volume of pig iron, a raw material for steel production, that is being held in specialized storage facilities in these major British industrial regions. This data point is used by economists and policymakers to assess the health and outlook of the nation's metals manufacturing sector.
Methodology
The data is collected through direct reporting from Connal's Warrant Stores, which are licensed facilities that hold and monitor inventories of pig iron and other metals.
Historical Context
This indicator offers insight into the supply and production dynamics of the British iron and steel industry, which is a critical input to the broader manufacturing and construction sectors.
Key Facts
- Connal's Warrant Stores are licensed facilities that monitor and hold inventories of pig iron and other metals.
- The Cleveland and Middlesbrough districts are major centers of iron and steel production in Great Britain.
- Pig iron is a crucial raw material for steel manufacturing.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly inventory of pig iron stored in Connal's Warrant Stores in the Cleveland and Middlesbrough districts of Great Britain.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into supply and demand conditions in the British iron and steel industry, which is a critical input to the broader manufacturing and construction sectors.
Q: How is this data collected or calculated?
A: The data is collected through direct reporting from Connal's Warrant Stores, which are licensed facilities that hold and monitor inventories of pig iron and other metals.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to assess the health and outlook of the nation's metals manufacturing sector, which informs decision-making related to trade, industrial policy, and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is reported monthly, but there may be some delays in its publication and availability.
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Citation
U.S. Federal Reserve, Cleveland Pig Iron, Stocks Held in Connal's Warrant Stores for Cleveland or Middlesbrough District, Great Britain (M05F9BGB36000M605NNBR), retrieved from FRED.