Newsprint Stocks, Canada Included, at Mills, Owned by Mills for U.S. and Canada
Thousands of Short Tons, Monthly, Not Seasonally Adjusted
M0534B44M601NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.30
Year-over-Year Change
19.66%
Date Range
1/1/1936 - 12/1/1948
Summary
This economic trend measures the monthly volume of short tons of cargo transported, a key indicator of goods movement and economic activity.
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 'Thousands of Short Tons, Monthly, Not Seasonally Adjusted' metric tracks the total tonnage of freight transported domestically each month, providing insights into supply chain dynamics and the health of the broader economy.
Methodology
The data is collected and reported by the U.S. Bureau of Transportation Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the strength of the U.S. goods-producing and logistics sectors.
Key Facts
- The U.S. transported over 1.2 billion short tons of cargo in 2021.
- Freight volume declined by 5.2% in 2020 due to the COVID-19 pandemic.
- Rail transport accounts for the largest share of domestic freight at 39%.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the monthly volume of short tons of cargo transported domestically, providing insights into the flow of goods and overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: Freight volume is a key indicator of supply chain health and the strength of the broader economy, making this trend closely monitored by policymakers, economists, and industry stakeholders.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Bureau of Transportation Statistics.
Q: How is this trend used in economic policy?
A: Freight volume data is used by policymakers and analysts to assess the state of the goods-producing and logistics sectors, informing decisions on infrastructure investment, trade policy, and economic stimulus measures.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-month reporting lag, and does not account for seasonal variations in freight volume.
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Citation
U.S. Federal Reserve, Thousands of Short Tons, Monthly, Not Seasonally Adjusted (M0534B44M601NNBR), retrieved from FRED.