Average Price: Cabbage (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000712401 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.70
Year-over-Year Change
-0.99%
Date Range
1/1/1980 - 10/1/2012
Summary
The 'Average Price: Cabbage (Cost per Pound/453.6 Grams) in U.S. City Average' trend measures the average retail price of cabbage in U.S. urban areas. This metric is a key indicator of consumer food prices and can inform economic policy decisions.
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 data series tracks the average price paid by consumers for fresh cabbage, measured in U.S. dollars per pound. It provides insight into vegetable price trends and is used by economists and policymakers to analyze changes in the cost of living and consumer purchasing power.
Methodology
The data is collected through a survey of retail establishments in major U.S. cities.
Historical Context
Cabbage price data is closely monitored by the U.S. Federal Reserve and other institutions to assess inflationary pressures and the overall health of the economy.
Key Facts
- Cabbage is a commonly consumed vegetable in the United States.
- Cabbage prices can be affected by weather, supply chain disruptions, and other economic factors.
- Changes in cabbage prices are monitored as an indicator of overall food price inflation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of fresh cabbage per pound in major U.S. urban areas.
Q: Why is this trend relevant for users or analysts?
A: Cabbage price data is a key indicator of consumer food costs and can provide insight into broader inflationary pressures in the economy.
Q: How is this data collected or calculated?
A: The data is collected through a survey of retail establishments in major U.S. cities.
Q: How is this trend used in economic policy?
A: Cabbage price data is closely monitored by the Federal Reserve and other institutions to assess inflationary pressures and the overall health of the economy.
Q: Are there update delays or limitations?
A: The data is published regularly with minimal delays, but may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, Average Price: Cabbage (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000712401), retrieved from FRED.