Cotton Production by Lyman I Mill
CPNELYMANI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,309.00
Year-over-Year Change
-10.81%
Date Range
1/1/1850 - 1/1/1860
Summary
The Cotton Production by Lyman I Mill trend measures the monthly output of cotton fabric by a major U.S. textile manufacturer. This indicator provides insight into the health and production capacity of the domestic cotton 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 Cotton Production by Lyman I Mill series tracks the volume of cotton cloth produced each month by the Lyman I textile mill, a leading domestic manufacturer. This metric serves as a bellwether for the broader U.S. cotton manufacturing sector and can signal shifts in consumer demand, production efficiency, and global trade dynamics.
Methodology
The data is collected through monthly production reports filed by the Lyman I Mill.
Historical Context
Cotton production figures are closely monitored by policymakers, market analysts, and industry stakeholders to assess the state of the U.S. textile industry.
Key Facts
- Lyman I Mill is one of the largest cotton fabric producers in the United States.
- Cotton is a key input for many consumer and industrial products.
- Domestic cotton production has declined over the past decade amid global competition.
FAQs
Q: What does this economic trend measure?
A: The Cotton Production by Lyman I Mill trend tracks the monthly output of cotton fabric by a major U.S. textile manufacturer.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the health and production capacity of the domestic cotton industry, which is a key input for many consumer and industrial products.
Q: How is this data collected or calculated?
A: The data is collected through monthly production reports filed by the Lyman I Mill.
Q: How is this trend used in economic policy?
A: Cotton production figures are closely monitored by policymakers, market analysts, and industry stakeholders to assess the state of the U.S. textile industry.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with a typical 4-6 week delay between the end of the reporting period and public release.
Related Trends
Citation
U.S. Federal Reserve, Cotton Production by Lyman I Mill (CPNELYMANI), retrieved from FRED.