Inedible Tallow Stocks at Factories and Warehouses for United States
Q05039USQ149NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
132.40
Year-over-Year Change
-32.96%
Date Range
1/1/1919 - 10/1/1945
Summary
The 'Inedible Tallow Stocks at Factories and Warehouses for United States' trend measures the volume of inedible tallow stored at production facilities and warehouses across the country. This data provides insights into the supply and availability of this important industrial fat derivative.
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
Inedible tallow is a by-product of animal fat processing, commonly used in soap, lubricants, and other industrial applications. Tracking tallow inventory levels offers economists and policymakers visibility into the health of the animal products industry and downstream manufacturing sectors.
Methodology
The data is collected through monthly surveys of tallow production and storage facilities.
Historical Context
Tallow stocks are a key indicator for industries reliant on animal-based fats and oils.
Key Facts
- Inedible tallow is a by-product of animal fat processing.
- Tallow is commonly used in soaps, lubricants, and other industrial applications.
- The U.S. is a major global producer and exporter of tallow.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of inedible tallow stored at production facilities and warehouses across the United States.
Q: Why is this trend relevant for users or analysts?
A: Tracking tallow inventory levels offers insights into the health of the animal products industry and downstream manufacturing sectors that rely on this important industrial fat derivative.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of tallow production and storage facilities.
Q: How is this trend used in economic policy?
A: Tallow stocks are a key indicator for industries reliant on animal-based fats and oils, and are monitored by economists and policymakers.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with some potential for reporting delays from surveyed facilities.
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Citation
U.S. Federal Reserve, Inedible Tallow Stocks at Factories and Warehouses for United States (Q05039USQ149NNBR), retrieved from FRED.