Raw Cattle Hides, Stocks in Hands of Dealers and Importers for United States
M05105USM408NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.31
Year-over-Year Change
0.00%
Date Range
1/1/1922 - 12/1/1939
Summary
This economic trend measures the monthly stocks of raw cattle hides held by dealers and importers in the United States. It provides insight into the supply and availability of this key commodity used in leather production.
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 raw cattle hides stocks series represents the inventories of unprocessed cattle hides held by dealers and importers before they are sent for further processing into leather. This data helps analysts and policymakers understand the supply dynamics and potential price pressures in the leather industry.
Methodology
The data is collected through monthly surveys of dealers and importers of raw cattle hides.
Historical Context
This trend is used by economists and industry analysts to assess the health and outlook of the leather and related manufacturing sectors.
Key Facts
- Raw cattle hides are a key input for leather production.
- Dealer and importer stocks indicate near-term availability.
- The trend has shown volatility due to supply chain disruptions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly stocks of raw, unprocessed cattle hides held by dealers and importers in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the supply dynamics and availability of a critical input for the leather industry, which has important implications for manufacturing, trade, and consumer prices.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of dealers and importers of raw cattle hides.
Q: How is this trend used in economic policy?
A: Economists and industry analysts use this trend to assess the health and outlook of the leather and related manufacturing sectors, which can inform policymaking and market strategies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be lags in reporting due to the survey-based collection method.
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Citation
U.S. Federal Reserve, Raw Cattle Hides, Stocks in Hands of Dealers and Importers for United States (M05105USM408NNBR), retrieved from FRED.