Average Price: Broccoli (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100712412 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.91
Year-over-Year Change
-1.73%
Date Range
7/1/1995 - 12/1/1997
Summary
This economic trend tracks the average price of broccoli per pound in the Northeast Census Region's urban areas. It provides important insights into consumer food prices and regional market dynamics.
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: Broccoli (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban series measures the typical retail price of broccoli in urban areas of the Northeast U.S. This metric is a key indicator of affordability and availability of fresh produce for households in the region.
Methodology
The data is collected through surveys of retail establishments in the Northeast region.
Historical Context
Policymakers and market analysts use this trend to assess regional food price inflation and consumer purchasing power.
Key Facts
- Broccoli is a popular, nutrient-dense vegetable.
- The Northeast region accounts for a significant share of U.S. broccoli consumption.
- Trends in broccoli prices can indicate broader shifts in regional food affordability.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the average retail price of broccoli per pound in urban areas of the Northeast Census Region.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into regional food price dynamics and consumer purchasing power for fresh produce.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the Northeast region.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess regional food price inflation and consumer affordability.
Q: Are there update delays or limitations?
A: The data is published monthly with a brief lag period.
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Citation
U.S. Federal Reserve, Average Price: Broccoli (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100712412), retrieved from FRED.