Average Price: Oranges, Navel (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400711311 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.47
Year-over-Year Change
-1.61%
Date Range
1/1/1980 - 6/1/2025
Summary
This economic trend measures the average price of navel oranges per pound in the West Census Region of the United States. It provides important data on consumer prices and price dynamics for a popular fruit commodity.
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: Oranges, Navel (Cost per Pound/453.6 Grams) in the West Census Region - Urban series tracks the retail price of navel oranges in urban areas of the Western U.S. census region. This data point is closely monitored by economists and policymakers to understand trends in consumer spending and the state of the produce market.
Methodology
The data is collected through surveys of urban retail outlets in the West Census Region.
Historical Context
This price index is used to inform decisions around trade, agricultural, and fiscal policies.
Key Facts
- Prices are reported in U.S. dollars per pound.
- Navel oranges are a popular variety grown in California.
- The West Census Region includes 13 states from the Pacific to the Rockies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of navel oranges per pound in urban areas of the West Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into consumer spending patterns and the state of the produce market, which are key factors for economic and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys of urban retail outlets in the West Census Region.
Q: How is this trend used in economic policy?
A: This price index is used to inform decisions around trade, agricultural, and fiscal policies that impact the produce market.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately 2 months.
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Citation
U.S. Federal Reserve, Average Price: Oranges, Navel (Cost per Pound/453.6 Grams) in the West Census Region - Urban (APU0400711311), retrieved from FRED.