Average Price: Butter, Salted, Grade AA, Stick (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000710111 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.18
Year-over-Year Change
-14.52%
Date Range
1/1/1980 - 4/1/2012
Summary
The 'Average Price: Butter, Salted, Grade AA, Stick (Cost per Pound/453.6 Grams) in U.S. City Average' trend measures the average retail price of a common consumer staple, providing insight into inflationary pressures and household purchasing power.
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
This economic indicator tracks the average cost per pound of high-quality salted butter sold in the U.S. It is a key metric for understanding consumer price trends and the affordability of essential food items for American households.
Methodology
The data is collected through surveys of retailers across the country.
Historical Context
Butter prices are closely monitored by policymakers, economists, and market analysts as a barometer of consumer inflation.
Key Facts
- Butter is a widely consumed dairy product in the U.S.
- Salted AA-grade butter is a common retail item.
- Prices can fluctuate due to dairy commodity markets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of a pound of high-quality salted butter sold in the United States.
Q: Why is this trend relevant for users or analysts?
A: Butter prices provide insight into consumer inflation and the affordability of essential food items for American households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers across the country.
Q: How is this trend used in economic policy?
A: Butter prices are closely monitored by policymakers, economists, and market analysts as a barometer of consumer inflation.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays, providing timely insight into food price trends.
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Citation
U.S. Federal Reserve, Average Price: Butter, Salted, Grade AA, Stick (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000710111), retrieved from FRED.