Average Price: Cucumbers (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400712409 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.96
Year-over-Year Change
58.64%
Date Range
1/1/1980 - 2/1/1992
Summary
This economic trend measures the average price of cucumbers per pound in the West Census Region's urban areas. It provides insights into the cost of a common produce item and is relevant for understanding regional food price dynamics.
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: Cucumbers (Cost per Pound/453.6 Grams) in the West Census Region - Urban trend tracks the typical retail price for cucumbers sold in urban areas of the Western United States. This data series is used by economists and policymakers to analyze regional food price inflation and consumer purchasing power.
Methodology
The data is collected through surveys of retail establishments and calculated as a regional average price per pound.
Historical Context
This trend is relevant for understanding household spending, food price inflation, and regional economic conditions.
Key Facts
- Cucumbers are a common produce item.
- Prices can vary significantly by region.
- Urban areas typically have higher food prices.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of cucumbers sold per pound in urban areas of the Western United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into regional food price dynamics and is useful for analyzing consumer purchasing power and household spending patterns.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated as a regional average price per pound.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to understand regional food price inflation and its impact on household budgets and consumer spending.
Q: Are there update delays or limitations?
A: The data is published with a short lag, and regional price variations may not fully capture all local market conditions.
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Citation
U.S. Federal Reserve, Average Price: Cucumbers (Cost per Pound/453.6 Grams) in the West Census Region - Urban (APU0400712409), retrieved from FRED.