Cotton Production by Tremont Mill
CPNETREMONT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,169.00
Year-over-Year Change
50.91%
Date Range
1/1/1832 - 1/1/1860
Summary
The 'Cotton Production by Tremont Mill' trend measures the volume of cotton produced by the Tremont textile mill in the United States. This metric is an important indicator of manufacturing activity and the health 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 Tremont Mill is a major cotton textile producer in the U.S. The 'Cotton Production by Tremont Mill' series tracks the monthly output of raw cotton at this facility, providing insights into supply chain dynamics and production capacity in a critical sector of the economy.
Methodology
The data is collected directly from the Tremont Mill's production records and reported to the U.S. Census Bureau.
Historical Context
Policymakers and industry analysts use this metric to assess the strength of American manufacturing and the competitiveness of domestic cotton producers.
Key Facts
- Tremont Mill is one of the largest cotton textile producers in the United States.
- Cotton is a key input for the American textile and apparel industries.
- Domestic cotton production has fluctuated due to factors like weather and global trade.
FAQs
Q: What does this economic trend measure?
A: The 'Cotton Production by Tremont Mill' series tracks the monthly output of raw cotton at the Tremont textile manufacturing facility.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and productivity of a major segment of the U.S. manufacturing sector, the domestic cotton industry.
Q: How is this data collected or calculated?
A: The data is collected directly from production records at the Tremont Mill and reported to the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this metric to assess the strength of American manufacturing and the competitiveness of domestic cotton producers.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 4-6 week reporting lag from the reference period.
Related Trends
Citation
U.S. Federal Reserve, Cotton Production by Tremont Mill (CPNETREMONT), retrieved from FRED.