Average Price: Sausage, Fresh, Loose (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400704421 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.23
Year-over-Year Change
3.34%
Date Range
1/1/1980 - 3/1/1988
Summary
This economic trend measures the average price per pound for fresh, loose sausage in the West Census Region of the United States. It provides valuable insights into consumer price dynamics and regional food inflation.
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 Average Price: Sausage, Fresh, Loose (Cost per Pound/453.6 Grams) in the West Census Region - Urban tracks the monthly price of this common consumer product. This data series is used by economists and policymakers to analyze regional cost-of-living trends and consumer behavior.
Methodology
The data is collected through monthly surveys of retail establishments in the West Census Region.
Historical Context
This price trend is a key input for evaluating regional economic conditions and household purchasing power.
Key Facts
- Sausage is a common protein source for many households.
- The West Census Region includes 13 states and accounts for over 1/5 of the U.S. population.
- Loose sausage is typically less processed than pre-packaged varieties.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price per pound for fresh, loose sausage in the West Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This price trend provides valuable insights into regional consumer price dynamics and household purchasing power.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of retail establishments in the West Census Region.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to evaluate regional economic conditions and cost-of-living trends.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, providing timely insights into regional food price changes.
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Citation
U.S. Federal Reserve, Average Price: Sausage, Fresh, Loose (Cost per Pound/453.6 Grams) in the West Census Region - Urban (APU0400704421), retrieved from FRED.