Linseed Oil Stocks at Factories and Warehouses for United States
M05042USM149NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
136.00
Year-over-Year Change
-27.16%
Date Range
6/1/1942 - 12/1/1955
Summary
This economic trend measures the monthly stocks of linseed oil held at U.S. factories and warehouses. It provides insight into the supply and demand dynamics of this important industrial and food-grade commodity.
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
Linseed oil is extracted from flaxseed and has a wide range of uses, including in paints, varnishes, linoleum, and as a food ingredient. Tracking the inventory levels helps economists and policymakers understand production, trade, and consumption patterns for this key industrial and agricultural product.
Methodology
The data is collected through monthly surveys of manufacturers and storage facilities.
Historical Context
Linseed oil stocks are monitored by government agencies, industry groups, and market analysts to gauge overall economic activity and commodity market trends.
Key Facts
- Linseed oil is used in paints, varnishes, and linoleum.
- The U.S. is a major global producer and exporter of linseed oil.
- Fluctuations in linseed oil stocks can signal shifts in industrial and food demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly stocks of linseed oil held at U.S. factories and warehouses, providing insight into the supply and demand dynamics of this important industrial and food-grade commodity.
Q: Why is this trend relevant for users or analysts?
A: Monitoring linseed oil stocks helps economists and policymakers understand production, trade, and consumption patterns for this key industrial and agricultural product, which has a wide range of uses.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturers and storage facilities.
Q: How is this trend used in economic policy?
A: Linseed oil stocks are monitored by government agencies, industry groups, and market analysts to gauge overall economic activity and commodity market trends.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical 1-2 month delay before the latest figures are released.
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Citation
U.S. Federal Reserve, Linseed Oil Stocks at Factories and Warehouses for United States (M05042USM149NNBR), retrieved from FRED.