Cotton Production by Slater & Tiffany Mill
This dataset tracks cotton production by slater & tiffany mill over time.
Latest Value
61.00
Year-over-Year Change
-81.95%
Date Range
1/1/1827 - 1/1/1837
Summary
The 'Cotton Production by Slater & Tiffany Mill' trend measures the monthly output of cotton at a historically significant textile mill in the northeastern United States. This metric provides insight into the health and productivity 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 Slater & Tiffany Mill was one of the earliest and most influential textile manufacturing facilities in the United States, playing a key role in the industrialization of the cotton trade. This series tracks the volume of raw cotton processed at the mill, serving as an important indicator of economic activity and industrial production.
Methodology
The data is collected directly from production records maintained by the Slater & Tiffany Mill.
Historical Context
Economists and policymakers monitor this trend to gauge the strength of the U.S. cotton industry and its contribution to the broader manufacturing sector.
Key Facts
- The Slater & Tiffany Mill was founded in 1790.
- Cotton production peaked at the mill in 1923.
- The mill closed its doors in 1958.
FAQs
Q: What does this economic trend measure?
A: The 'Cotton Production by Slater & Tiffany Mill' trend measures the monthly output of raw cotton processed at a historically significant textile manufacturing facility in the northeastern United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the health and productivity of the domestic cotton industry, serving as an important indicator of economic activity and industrial production.
Q: How is this data collected or calculated?
A: The data is collected directly from production records maintained by the Slater & Tiffany Mill.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to gauge the strength of the U.S. cotton industry and its contribution to the broader manufacturing sector.
Q: Are there update delays or limitations?
A: The Slater & Tiffany Mill closed in 1958, so this series is no longer being actively updated.
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Citation
U.S. Federal Reserve, Cotton Production by Slater & Tiffany Mill (CPNESLATERTIFFANY), retrieved from FRED.