Cotton Production by Hamilton Mill
CPNEHAMILTON • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,917.00
Year-over-Year Change
44.28%
Date Range
1/1/1828 - 1/1/1860
Summary
The Cotton Production by Hamilton Mill trend measures the monthly total cotton production at the Hamilton Mill in the United States. This metric is closely watched by economists and industry analysts to gauge the health and output of the U.S. cotton manufacturing sector.
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 Hamilton Mill series tracks the total volume of cotton processed and produced at the Hamilton Mill, a major textile manufacturing facility located in the Southeast U.S. This data provides insight into the capacity utilization and production levels of a key player in the domestic cotton industry.
Methodology
The data is collected directly from production records and output figures reported by the Hamilton Mill.
Historical Context
Trends in cotton production are influential inputs for policymakers, commodity traders, and supply chain managers.
Key Facts
- The Hamilton Mill is one of the largest cotton textile manufacturers in the U.S.
- Cotton production accounts for over $20 billion in annual economic activity.
- Domestic cotton production has declined by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Cotton Production by Hamilton Mill trend tracks the monthly total output of cotton at the Hamilton Mill, a major textile manufacturing facility in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the capacity and production levels of a key player in the U.S. cotton industry, which is a vital component of the domestic manufacturing and trade sectors.
Q: How is this data collected or calculated?
A: The data is collected directly from production records and output figures reported by the Hamilton Mill.
Q: How is this trend used in economic policy?
A: Trends in cotton production are influential inputs for policymakers, commodity traders, and supply chain managers when assessing the health and competitiveness of the U.S. textile manufacturing industry.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with a lag of approximately 6 weeks, so there may be some delays in the most recent production figures.
Related Trends
Citation
U.S. Federal Reserve, Cotton Production by Hamilton Mill (CPNEHAMILTON), retrieved from FRED.