Cold-Storage Holdings of Pork for United States
M0583AUSM436NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
422.00
Year-over-Year Change
-6.01%
Date Range
1/1/1916 - 12/1/1955
Summary
This economic indicator tracks the monthly cold-storage holdings of pork in the United States. It provides insight into the supply and demand dynamics of the pork 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 Cold-Storage Holdings of Pork for United States measures the quantity of pork held in commercial cold-storage facilities across the country. This data is used by economists and industry analysts to assess inventory levels, production trends, and potential market imbalances.
Methodology
The data is collected by the U.S. Department of Agriculture through monthly surveys of commercial cold-storage facilities.
Historical Context
Pork cold-storage data is closely monitored by policymakers and market participants to anticipate price movements and potential supply shocks.
Key Facts
- Pork is the most widely consumed meat globally.
- The United States is the world's largest producer and exporter of pork.
- Cold-storage holdings can fluctuate seasonally based on production and demand cycles.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly volume of pork held in commercial cold-storage facilities across the United States.
Q: Why is this trend relevant for users or analysts?
A: Pork cold-storage data provides insights into supply and demand dynamics that are crucial for producers, processors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of commercial cold-storage facilities by the U.S. Department of Agriculture.
Q: How is this trend used in economic policy?
A: Pork cold-storage levels are monitored by government agencies and market participants to anticipate price movements and potential supply disruptions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of several weeks from the end of the reference month.
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Citation
U.S. Federal Reserve, Cold-Storage Holdings of Pork for United States (M0583AUSM436NNBR), retrieved from FRED.