Cold-Storage Holdings of Beef for United States
M0506AUSM436NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
208.70
Year-over-Year Change
11.13%
Date Range
12/1/1915 - 12/1/1955
Summary
The Cold-Storage Holdings of Beef for United States measures the total volume of beef held in cold storage facilities across the country. This data is crucial for economists and policymakers to assess supply and demand dynamics in the beef 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 series tracks the total inventory of beef products being held in commercial cold storage facilities in the United States. It provides insights into the storage and distribution of beef supplies, which is an important indicator of supply-side conditions in the beef market.
Methodology
The data is collected by the U.S. Department of Agriculture through monthly surveys of commercial cold storage facilities.
Historical Context
Policymakers and industry analysts use this data to monitor beef supply levels and make informed decisions about production, trade, and consumption.
Key Facts
- Beef is a major agricultural commodity in the United States.
- Cold storage facilities play a crucial role in the beef supply chain.
- Monitoring beef inventory levels helps policymakers and producers manage supply and demand.
FAQs
Q: What does this economic trend measure?
A: The Cold-Storage Holdings of Beef for United States measures the total volume of beef products being held in commercial cold storage facilities across the country.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the supply and distribution dynamics of the beef industry, which is crucial information for policymakers, producers, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Agriculture through monthly surveys of commercial cold storage facilities.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this data to monitor beef supply levels and make informed decisions about production, trade, and consumption.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical delay of a few weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Cold-Storage Holdings of Beef for United States (M0506AUSM436NNBR), retrieved from FRED.