Average Price: Grapes, Thompson Seedless (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300711417 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.91
Year-over-Year Change
43.78%
Date Range
7/1/1980 - 4/1/2022
Summary
This economic trend measures the average price of Thompson Seedless grapes per pound in the South Census Region's urban areas. It provides insights into grape price dynamics and consumer behavior within a key U.S. region.
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: Grapes, Thompson Seedless (Cost per Pound/453.6 Grams) in the South Census Region - Urban trend tracks the retail price of this popular grape variety in urban markets across the southern United States. It is used by economists and policymakers to monitor food price inflation and consumer purchasing power.
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 analyzing consumer demand, agricultural production, and regional price variations.
Key Facts
- Thompson Seedless is a popular green grape variety.
- The South Census Region includes 16 states and Washington, D.C.
- Grape prices can fluctuate based on supply, demand, and weather conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price per pound of Thompson Seedless grapes in urban areas of the South Census Region.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer grape prices and purchasing power within a key U.S. region, which is useful for economists, policymakers, and agricultural stakeholders.
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 used to monitor food price inflation, consumer behavior, and regional economic conditions, which can inform policy decisions related to agriculture, trade, and consumer protection.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to revisions based on updated information.
Similar APU Trends
Average Price: Milk, Fresh, Low Fat, per One-Half Gallon (1.9 Liters) in the West Census Region - Urban
APU0400709212
US Diesel Ultra Low Sulfur (0-15 ppm) Sales Price
GASDESLSW
Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in Denver-Aurora-Lakewood, CO (CBSA)
APUS48B74716
Average Price: Gasoline, Leaded Premium (Cost per Gallon/3.8 Liters) in St. Louis, MO-IL (CBSA)
APUS24B74713
Average Price: Hard Candy, Solid (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000715111
Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in U.S. City Average
APU0000709112
Citation
U.S. Federal Reserve, Average Price: Grapes, Thompson Seedless (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300711417), retrieved from FRED.