Cotton Production by Amoskeag I Mill
This dataset tracks cotton production by amoskeag i mill over time.
Latest Value
540.00
Year-over-Year Change
-57.55%
Date Range
1/1/1837 - 1/1/1847
Summary
The Cotton Production by Amoskeag I Mill trend measures the monthly output of cotton fabric from the historic Amoskeag Manufacturing Company in Manchester, New Hampshire. This data provides insight into the productivity and economic health of a key U.S. textile 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 Amoskeag Manufacturing Company was one of the largest textile producers in the United States during the 19th and early 20th centuries. The Cotton Production by Amoskeag I Mill series tracks the monthly output of cotton fabric from the company's flagship mill, offering a unique historical window into the American textile industry.
Methodology
The data is collected directly from production records maintained by the Amoskeag Manufacturing Company.
Historical Context
Economists and historians use this data to analyze trends in U.S. textile manufacturing and industrialization.
Key Facts
- The Amoskeag Manufacturing Company was founded in 1831 in Manchester, New Hampshire.
- At its peak in the late 19th century, Amoskeag employed over 17,000 workers.
- The company's flagship Amoskeag I Mill was the largest textile mill in the world for a time.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly output of cotton fabric from the historic Amoskeag I Mill, one of the largest textile producers in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides a unique historical window into the productivity and economic health of the American textile industry during the 19th and early 20th centuries.
Q: How is this data collected or calculated?
A: The data is collected directly from production records maintained by the Amoskeag Manufacturing Company.
Q: How is this trend used in economic policy?
A: Economists and historians use this data to analyze trends in U.S. textile manufacturing and industrialization, which were important drivers of economic growth.
Q: Are there update delays or limitations?
A: The data series ends in the early 20th century and is not updated, as the Amoskeag Manufacturing Company ceased operations in 1935.
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Citation
U.S. Federal Reserve, Cotton Production by Amoskeag I Mill (CPNEAMOSKEAGI), retrieved from FRED.