Cotton Production by Laconia Mill
CPNELACONIA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,811.00
Year-over-Year Change
93.06%
Date Range
1/1/1845 - 1/1/1855
Summary
The 'Cotton Production by Laconia Mill' trend measures the total quantity of cotton produced by the Laconia manufacturing facility in the United States. This metric is a key indicator of activity in the domestic 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 Laconia Mill is a major cotton producer located in the Southeastern U.S. The 'Cotton Production by Laconia Mill' data series tracks the total volume of raw cotton output from this facility, providing insight into the operational capacity and productivity of a significant player in the American textile market.
Methodology
The U.S. Census Bureau collects and reports this data through surveys of cotton-producing manufacturers.
Historical Context
Trends in Laconia's cotton production are closely monitored by policymakers, industry analysts, and investors to assess the health of the domestic textile sector.
Key Facts
- The Laconia Mill is one of the largest cotton producers in the United States.
- Cotton is a major raw material input for the textile manufacturing industry.
- Trends in Laconia's cotton output can signal broader conditions in the domestic textile market.
FAQs
Q: What does this economic trend measure?
A: The 'Cotton Production by Laconia Mill' metric tracks the total quantity of raw cotton produced by the Laconia manufacturing facility in the United States.
Q: Why is this trend relevant for users or analysts?
A: Trends in Laconia's cotton production provide important insights into the operational capacity and productivity of a major player in the American textile industry, which is closely monitored by policymakers, analysts, and investors.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of cotton-producing manufacturers.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely track Laconia's cotton production to assess the overall health and performance of the domestic textile sector.
Q: Are there update delays or limitations?
A: There may be delays in reporting this data due to the survey-based collection methodology used by the Census Bureau.
Related Trends
Citation
U.S. Federal Reserve, Cotton Production by Laconia Mill (CPNELACONIA), retrieved from FRED.