Average Price: Bananas (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100711211 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.64
Year-over-Year Change
-0.16%
Date Range
1/1/1980 - 6/1/2025
Summary
This economic trend measures the average price of bananas per pound in the Northeast Census Region's urban areas. It provides valuable insights into consumer prices and regional purchasing power.
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: Bananas (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban trend tracks the typical retail price of bananas in the Northeastern United States. This data is used by economists and policymakers to monitor consumer price inflation and regional cost-of-living dynamics.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This price trend is a key input for the Consumer Price Index (CPI), which measures changes in the cost of living over time.
Key Facts
- Bananas are a widely consumed fruit in the United States.
- The Northeast Census Region includes 9 states, from Maine to Pennsylvania.
- Urban areas typically have higher costs of living compared to rural areas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of bananas per pound in the urban areas of the Northeastern United States.
Q: Why is this trend relevant for users or analysts?
A: This banana price data provides insight into regional consumer price dynamics and is a key input for the broader Consumer Price Index (CPI).
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through surveys of retail establishments.
Q: How is this trend used in economic policy?
A: Policymakers and economists utilize this banana price data to monitor regional cost-of-living and consumer price inflation, which informs economic and fiscal decision-making.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and it only covers urban areas within the Northeastern United States.
Similar APU Trends
Average Price: Chicken Legs, Bone-In (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200706212
Global price of Corn
PMAIZMTUSDM
Average Price: Utility (Piped) Gas - 100 Therms in the Midwest Census Region - Urban
APU020072611
Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (CBSA)
APUS12B74716
Average Price: Ground Beef, Lean and Extra Lean (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000703113
Average Price: Crackers, Soda, Salted (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300702611
Citation
U.S. Federal Reserve, Average Price: Bananas (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100711211), retrieved from FRED.