Average Price: Pears, Anjou (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200711413 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.38
Year-over-Year Change
13.84%
Date Range
1/1/1980 - 6/1/2009
Summary
This economic trend measures the average price of Anjou pears per pound in the Midwest Census Region's urban areas. It provides insights into consumer food prices and regional price variations.
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: Pears, Anjou (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban trend represents the typical retail price paid by consumers for this specific pear variety in the Midwest's urban markets. This data is useful for tracking changes in fresh produce costs and understanding regional price dynamics.
Methodology
The data is collected through surveys of retail stores in the Midwest region.
Historical Context
This price trend is relevant for policymakers, economists, and market analysts assessing food inflation and regional cost-of-living differences.
Key Facts
- Anjou pears are a popular winter pear variety.
- The Midwest region includes 12 states, from Ohio to the Dakotas.
- Urban areas typically have higher food prices than rural areas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price paid by consumers for Anjou pears, priced per pound, in urban areas of the Midwest Census Region.
Q: Why is this trend relevant for users or analysts?
A: This price trend provides insights into food inflation and cost-of-living differences in the Midwest, which is useful for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail stores in the Midwest region.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to assess regional variations in consumer food prices and cost-of-living differences.
Q: Are there update delays or limitations?
A: The data is subject to the survey collection schedule and may have a brief publication delay.
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Citation
U.S. Federal Reserve, Average Price: Pears, Anjou (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban (APU0200711413), retrieved from FRED.