Average Price: Pears, Anjou (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000711413 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.55
Year-over-Year Change
2.04%
Date Range
1/1/1980 - 7/1/2019
Summary
This economic trend tracks the average price of Anjou pears in the U.S. city average, providing insights into consumer food costs and inflationary pressures.
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: Pears, Anjou (Cost per Pound/453.6 Grams) in U.S. City Average series measures the typical retail price for Anjou pears across major U.S. urban areas. This metric is used by economists and policymakers to monitor food price trends and their impact on household budgets.
Methodology
The data is collected through consumer price surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Pear prices are an important indicator for the broader food and agricultural sectors.
Key Facts
- Anjou pears are a popular pear variety in the U.S.
- Pear prices can be influenced by factors like weather, supply, and demand.
- Monitoring pear prices helps track broader food cost trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of Anjou pears across major U.S. urban areas.
Q: Why is this trend relevant for users or analysts?
A: Pear prices are an important indicator of food costs and can provide insights into inflationary pressures faced by consumers.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Pear price data is used by economists and policymakers to monitor food price trends and their impact on household budgets.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays, providing timely insights into pear price movements.
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Citation
U.S. Federal Reserve, Average Price: Pears, Anjou (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000711413), retrieved from FRED.