Quarterly
This dataset tracks quarterly over time.
Latest Value
78.15
Year-over-Year Change
-50.51%
Date Range
1/1/1990 - 4/1/2025
Summary
The Quarterly Productivity in the Cotton Ginning Industry (PCOTTINDUSDQ) tracks changes in output per hour for the U.S. cotton ginning industry. This metric is a key indicator of productivity and efficiency in this important agricultural sector.
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 Quarterly Productivity in the Cotton Ginning Industry measures the inflation-adjusted output per hour worked in the cotton ginning industry. This metric helps analysts and policymakers assess the productivity, competitiveness, and technological progress of a crucial part of the U.S. agricultural supply chain.
Methodology
The data is collected through surveys of cotton ginning establishments and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in cotton ginning productivity provide insight into the overall health and competitiveness of the U.S. agricultural sector.
Key Facts
- The cotton ginning industry accounts for over $3 billion in annual economic activity.
- Productivity growth in cotton ginning has averaged 2.5% per year over the past decade.
- The U.S. is the world's largest exporter of cotton, making cotton ginning productivity critical.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Productivity in the Cotton Ginning Industry tracks changes in output per hour worked in the U.S. cotton ginning industry.
Q: Why is this trend relevant for users or analysts?
A: Productivity growth in cotton ginning is a key indicator of technological progress and competitiveness in a crucial part of the U.S. agricultural supply chain.
Q: How is this data collected or calculated?
A: The data is collected through surveys of cotton ginning establishments and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in cotton ginning productivity provide insight into the overall health and competitiveness of the U.S. agricultural sector, which is important for trade, investment, and policymaking.
Q: Are there update delays or limitations?
A: The Quarterly Productivity in the Cotton Ginning Industry data is published with a lag of approximately 3 months.
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Citation
U.S. Federal Reserve, Quarterly Productivity in the Cotton Ginning Industry (PCOTTINDUSDQ), retrieved from FRED.