Southern Pine Lumber Stocks for United States
M0563BUSM388NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,717.00
Year-over-Year Change
-9.82%
Date Range
1/1/1929 - 7/1/1955
Summary
The Southern Pine Lumber Stocks for the United States is an economic indicator that measures the monthly inventory levels of southern pine lumber, a key construction material. This data provides insights into the supply and demand dynamics of the lumber 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
The Southern Pine Lumber Stocks trend tracks the inventory of southern pine lumber, a softwood lumber product widely used in residential and commercial construction. This metric is closely monitored by economists, policymakers, and industry stakeholders to gauge the health and outlook of the broader lumber and housing markets.
Methodology
The data is collected and reported monthly by the U.S. Census Bureau through surveys of lumber producers and distributors.
Historical Context
Trends in southern pine lumber stocks are relevant for understanding the state of the construction industry and its impact on the broader economy.
Key Facts
- Southern pine is a softwood species widely used in residential and commercial construction.
- Lumber stocks data provides insights into the supply and demand dynamics of the construction industry.
- Fluctuations in southern pine lumber stocks can signal changes in housing and construction activity.
FAQs
Q: What does this economic trend measure?
A: The Southern Pine Lumber Stocks trend measures the monthly inventory levels of southern pine lumber, a key construction material.
Q: Why is this trend relevant for users or analysts?
A: Trends in southern pine lumber stocks provide insights into the health and outlook of the broader lumber and housing markets, which are crucial for understanding the state of the construction industry and its impact on the economy.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Census Bureau through surveys of lumber producers and distributors.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor southern pine lumber stocks to gauge the strength of the construction industry and make informed decisions about policies affecting housing, infrastructure, and broader economic conditions.
Q: Are there update delays or limitations?
A: The southern pine lumber stocks data is reported on a monthly basis, with a typical delay of a few weeks between the end of the reference month and the data release.
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Citation
U.S. Federal Reserve, Southern Pine Lumber Stocks for United States (M0563BUSM388NNBR), retrieved from FRED.