Cotton Production by Boston Mill
CPNEBOSTON • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,573.00
Year-over-Year Change
44.17%
Date Range
1/1/1815 - 1/1/1860
Summary
The Cotton Production by Boston Mill trend measures the total amount of cotton produced by the Boston Mill, a major textile manufacturing facility in the United States. This metric is closely watched by economists and industry analysts as an indicator of regional manufacturing activity and demand for cotton.
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 Cotton Production by Boston Mill trend represents the volume of cotton processed and produced at the Boston Mill, a key textile production facility. This data point is used to gauge regional economic conditions, industrial output, and the overall health of the U.S. cotton industry.
Methodology
The data is collected directly from the Boston Mill's production records and processing logs.
Historical Context
Trends in cotton production are influential for policymakers monitoring the health of U.S. manufacturing and the agricultural commodity markets.
Key Facts
- The Boston Mill is one of the largest cotton processing facilities in the United States.
- Cotton is a major agricultural commodity with diverse industrial and consumer applications.
- Regional cotton production data provides insights into the broader U.S. textile manufacturing sector.
FAQs
Q: What does this economic trend measure?
A: The Cotton Production by Boston Mill trend measures the total volume of cotton processed and produced at the Boston Mill, a major textile manufacturing facility.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely watched as an indicator of regional manufacturing activity and demand for cotton, a key agricultural commodity.
Q: How is this data collected or calculated?
A: The data is collected directly from the Boston Mill's production records and processing logs.
Q: How is this trend used in economic policy?
A: Trends in cotton production are influential for policymakers monitoring the health of U.S. manufacturing and the agricultural commodity markets.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with minimal delays, providing timely insights into cotton production activity.
Related Trends
Citation
U.S. Federal Reserve, Cotton Production by Boston Mill (CPNEBOSTON), retrieved from FRED.