Average Price: Apple Sauce, Any Variety, All Sizes (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000713311 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.84
Year-over-Year Change
4.47%
Date Range
7/1/1995 - 12/1/1997
Summary
This economic trend measures the average price of apple sauce products of any variety and size in the U.S. city average. It provides insight into consumer price dynamics and inflation for a common household grocery item.
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: Apple Sauce, Any Variety, All Sizes trend tracks the cost per pound or 453.6 grams of apple sauce products sold in the United States. It is a key indicator for understanding consumer price changes and can inform economic policy decisions.
Methodology
The data is collected through surveys of retail establishments and calculated as a weighted average across different apple sauce products and sizes.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to assess consumer behavior and inflationary pressures.
Key Facts
- Apple sauce is a common household grocery item.
- Prices can fluctuate due to factors like supply chain, agricultural yields, and consumer demand.
- The U.S. city average is a nationally representative measure.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of apple sauce products of any variety and size sold in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into consumer price dynamics and inflationary pressures for a common household grocery item, which is useful for economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated as a weighted average across different apple sauce products and sizes.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and market analysts to assess consumer behavior and inflationary pressures, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedules and potential limitations of consumer price index surveys conducted by the U.S. government.
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Citation
U.S. Federal Reserve, Average Price: Apple Sauce, Any Variety, All Sizes (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000713311), retrieved from FRED.