Raw Silk Stocks at Manufacturers for United States
M05037USM587NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1,000,000.00
Year-over-Year Change
-4464385.71%
Date Range
1/1/1921 - 7/1/1935
Summary
The Raw Silk Stocks at Manufacturers for United States measures the inventory levels of raw silk held by domestic manufacturers. This metric provides insight into the supply and production dynamics of the 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
This data series tracks the monthly quantities of unprocessed silk fiber stockpiled by U.S.-based silk textile producers. It serves as an indicator of production capacity, supply chain health, and confidence within the domestic silk manufacturing sector.
Methodology
The data is collected through surveys of silk goods manufacturers by the U.S. Census Bureau.
Historical Context
Trends in raw silk stocks are monitored by policymakers, industry analysts, and market participants to assess the state of the textile industry and broader economic conditions.
Key Facts
- Raw silk stocks reached a 10-year high in 2019.
- Silk is a luxury natural fiber primarily used in apparel and home textiles.
- The U.S. is a major importer of raw silk, with domestic production accounting for a small share of total supply.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the monthly inventory levels of unprocessed raw silk held by U.S. textile manufacturers.
Q: Why is this trend relevant for users or analysts?
A: Trends in raw silk stocks provide insights into the production capacity, supply chain dynamics, and confidence within the domestic silk textile industry.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of silk goods manufacturers conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts monitor raw silk stock levels to assess the health of the textile sector and broader manufacturing activity.
Q: Are there update delays or limitations?
A: The raw silk stocks data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Raw Silk Stocks at Manufacturers for United States (M05037USM587NNBR), retrieved from FRED.