Cotton Production by Amoskeag III Mill
This dataset tracks cotton production by amoskeag iii mill over time.
Latest Value
21863.00
Year-over-Year Change
64.40%
Date Range
1/1/1841 - 1/1/1860
Summary
The Cotton Production by Amoskeag III Mill trend measures the monthly output of cotton at the historic Amoskeag Manufacturing Company's third mill location. This provides insight into the productivity and output of a key U.S. textile industry over time.
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 a major 19th-century textile producer based in Manchester, New Hampshire. The Cotton Production by Amoskeag III Mill series tracks the monthly volume of cotton processed at the company's third manufacturing facility, offering a detailed view of historical textile production trends.
Methodology
The data is collected through direct reporting from the Amoskeag Manufacturing Company's internal records.
Historical Context
Cotton production data is used by economists and industry analysts to monitor the health and trends of the U.S. textile manufacturing sector.
Key Facts
- The Amoskeag Manufacturing Company was one of the largest textile producers in 19th-century America.
- The Amoskeag III mill focused on cotton processing and was a key part of the company's operations.
- Cotton was a strategic commodity during the industrial revolution, fueling the growth of textile manufacturing.
FAQs
Q: What does this economic trend measure?
A: The Cotton Production by Amoskeag III Mill trend measures the monthly output of cotton processed at the historic Amoskeag Manufacturing Company's third mill location in Manchester, New Hampshire.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the productivity and output of a key U.S. textile industry during the 19th century, offering valuable historical context for understanding the development of American manufacturing.
Q: How is this data collected or calculated?
A: The data is collected through direct reporting from the Amoskeag Manufacturing Company's internal records.
Q: How is this trend used in economic policy?
A: Cotton production data is used by economists and industry analysts to monitor the health and trends of the U.S. textile manufacturing sector, which was an important driver of economic growth during the industrial revolution.
Q: Are there update delays or limitations?
A: As this is historical data from the 19th century, there are no ongoing updates, and the available data may have some limitations in coverage or consistency over time.
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Citation
U.S. Federal Reserve, Cotton Production by Amoskeag III Mill (CPNEAMOSKEAGIII), retrieved from FRED.