Average Price: Oranges, Navel (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000711311 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.63
Year-over-Year Change
3.22%
Date Range
1/1/1980 - 6/1/2025
Summary
This economic trend measures the average price of navel oranges per pound in the U.S. city average. It provides important insights into consumer food prices and 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: Oranges, Navel (Cost per Pound/453.6 Grams) in U.S. City Average is a key indicator tracked by economists and policymakers to understand trends in consumer food costs and household budgets.
Methodology
The data is collected through surveys of retail establishments and calculated as a national average price.
Historical Context
This metric informs decisions around economic policy, consumer spending, and agricultural markets.
Key Facts
- Navel oranges are a popular citrus fruit variety.
- Orange prices fluctuate based on supply, demand, and seasonal factors.
- Food makes up a significant portion of the average household budget.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the average retail price of navel oranges per pound in the U.S. city average.
Q: Why is this trend relevant for users or analysts?
A: Monitoring orange prices provides insights into consumer food costs and spending patterns, which are crucial for economic analysis and policy decisions.
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.
Q: How is this trend used in economic policy?
A: This metric informs decisions around consumer spending, agricultural markets, and the broader cost of living.
Q: Are there update delays or limitations?
A: The data is released monthly with a short delay, and may be subject to seasonal or regional variations.
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Citation
U.S. Federal Reserve, Average Price: Oranges, Navel (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000711311), retrieved from FRED.