Average Price: Chops, Center Cut, Bone-In (Cost per Pound/453.6 Grams) in U.S. City Average
This dataset tracks average price: chops, center cut, bone-in (cost per pound/453.6 grams) in u.s. city average over time.
Latest Value
4.62
Year-over-Year Change
0.02%
Date Range
1/1/1980 - 6/1/2025
Summary
This economic trend measures the average price per pound for center-cut, bone-in pork chops in the U.S. city average. It provides insight into consumer food prices and can inform policy decisions related to agricultural markets and the cost of living.
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: Chops, Center Cut, Bone-In (Cost per Pound/453.6 Grams) in U.S. City Average' is a key statistic that tracks the retail price of a common pork product. It is used by economists, policymakers, and market analysts to understand trends in consumer food expenditures and the overall cost of living.
Methodology
The data is collected through surveys of retail establishments and calculated as a national average price per pound.
Historical Context
This trend is relevant for understanding household budgets, inflation, and the state of the pork industry.
Key Facts
- Pork is a major source of protein in the U.S. diet.
- Bone-in chops are a common household purchase.
- Prices can fluctuate due to supply chain, feed costs, and consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price per pound for center-cut, bone-in pork chops in the U.S. city average.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into consumer food prices and can inform policy decisions related to agricultural markets and the cost of living.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated as a national average price per pound.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding household budgets, inflation, and the state of the pork industry, which can inform economic and agricultural policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, and may not capture all regional or seasonal variations in pork chop prices.
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Citation
U.S. Federal Reserve, Average Price: Chops, Center Cut, Bone-In (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000704211), retrieved from FRED.