Average Price: Mushrooms (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400712411 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.91
Year-over-Year Change
-8.65%
Date Range
1/1/1980 - 12/1/1986
Summary
This economic trend measures the average price of mushrooms per pound in the West Census Region's urban areas. It provides valuable insights into food prices and consumer spending 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: Mushrooms (Cost per Pound/453.6 Grams) in the West Census Region - Urban is a key indicator of the cost of a common food item for urban consumers in the western United States. This data series is used by economists and policymakers to analyze trends in food prices and their impact on household budgets.
Methodology
The data is collected through surveys of retail establishments in the West Census Region.
Historical Context
This trend is closely monitored by the Federal Reserve and other agencies to assess inflationary pressures and consumer behavior.
Key Facts
- Mushrooms are a common ingredient in many dishes.
- The West Census Region includes 13 states in the western United States.
- Urban consumers typically have higher food costs than rural consumers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of mushrooms per pound in the urban areas of the West Census Region.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into food prices and consumer spending patterns, which are closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the West Census Region.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other agencies to assess inflationary pressures and consumer behavior.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some delays in reporting due to the survey methodology.
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Citation
U.S. Federal Reserve, Average Price: Mushrooms (Cost per Pound/453.6 Grams) in the West Census Region - Urban (APU0400712411), retrieved from FRED.