Average Price: Pears, Anjou (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300711413 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.67
Year-over-Year Change
37.68%
Date Range
1/1/1980 - 7/1/2018
Summary
This economic trend measures the average price of Anjou pears per pound in the South Census Region's urban areas. It provides insights into food price dynamics and consumer purchasing patterns.
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 South Census Region - Urban is a key data point used by economists and policymakers to analyze regional food price trends and monitor household expenditures on produce.
Methodology
The data is collected through surveys of retail establishments in urban areas of the South Census Region.
Historical Context
This price trend is relevant for understanding consumer behavior, inflation, and the state of regional agricultural markets.
Key Facts
- Anjou pears are a popular winter pear variety.
- The South Census Region includes 16 states and Washington, D.C.
- Pear prices can fluctuate based on factors like crop yields and transportation costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price paid per pound for Anjou pears in urban areas of the South Census Region.
Q: Why is this trend relevant for users or analysts?
A: This price data is crucial for understanding consumer purchasing habits, regional food inflation, and the state of local agricultural markets.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in urban areas of the South Census Region.
Q: How is this trend used in economic policy?
A: Pear prices in the South are monitored by economists, market analysts, and policymakers to assess regional inflation, consumer demand, and the overall health of the produce supply chain.
Q: Are there update delays or limitations?
A: There may be lags of several weeks in the reporting of this price data, and the survey sample may not capture all urban markets in the South Census Region.
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Citation
U.S. Federal Reserve, Average Price: Pears, Anjou (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300711413), retrieved from FRED.