Average Price: American Processed Cheese (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000710211 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.04
Year-over-Year Change
1.92%
Date Range
1/1/1984 - 6/1/2025
Summary
This economic trend measures the average price of American processed cheese per pound in the U.S. city average. It provides insights into consumer food prices and cost-of-living 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: American Processed Cheese (Cost per Pound/453.6 Grams) in U.S. City Average tracks the retail price of a common dairy product. This data point is a key indicator for analysts and policymakers examining trends in consumer food expenditures and inflationary pressures.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This price index is utilized by economists, market analysts, and government agencies to monitor household consumption patterns and the overall cost of living.
Key Facts
- The average price of American processed cheese was $3.92 per pound in 2022.
- Processed cheese prices have risen by 15% over the past 5 years.
- Cheese is a key component of the Consumer Price Index (CPI) basket.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of American processed cheese per pound in the U.S. city average.
Q: Why is this trend relevant for users or analysts?
A: This price index is an important indicator for monitoring consumer food costs, household spending patterns, and inflationary pressures in the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, market analysts, and government agencies utilize this price index to assess household consumption trends and the overall cost of living.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Average Price: American Processed Cheese (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000710211), retrieved from FRED.