Average Price: Peaches (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300711414 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.85
Year-over-Year Change
7.07%
Date Range
6/1/1980 - 9/1/2019
Summary
This economic trend measures the average price of peaches per pound in the South Census Region's urban areas. It provides insights into the cost of a key agricultural commodity and consumer 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: Peaches (Cost per Pound/453.6 Grams) in the South Census Region - Urban series tracks the retail price of peaches across the southern U.S. urban markets. This data point is useful for analyzing regional food price trends and consumer price inflation.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for assessing the overall cost of living and inflationary pressures faced by consumers in the southern United States.
Key Facts
- Peaches are a major fruit crop in the southern U.S.
- Prices can fluctuate based on seasonal supply and demand.
- Urban consumers typically pay higher prices than rural areas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of peaches per pound in urban areas of the South Census Region.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into the cost of a key agricultural commodity and consumer purchasing power in the southern United States.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is relevant for assessing the overall cost of living and inflationary pressures faced by consumers in the southern United States.
Q: Are there update delays or limitations?
A: The data is subject to the regular publication schedule and potential limitations of the U.S. Bureau of Labor Statistics surveys.
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Citation
U.S. Federal Reserve, Average Price: Peaches (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300711414), retrieved from FRED.