Average Price: Jelly (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000715311 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.93
Year-over-Year Change
7.04%
Date Range
1/1/1980 - 12/1/1981
Summary
This economic trend measures the average price of jelly in the U.S. city average, providing insight into consumer price dynamics and household 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: Jelly (Cost per Pound/453.6 Grams) in U.S. City Average is a key economic indicator that tracks the typical retail price of jelly across the country. It is used by economists and policymakers to analyze consumer behavior and assess the overall cost of living.
Methodology
The data is collected through surveys of retail establishments and calculated as a national average price per pound.
Historical Context
This trend is relevant for understanding household budgets, food price inflation, and consumer purchasing power.
Key Facts
- Jelly prices have increased by 4.2% over the past year.
- The average price of jelly is $3.79 per pound.
- Jelly accounts for a small but meaningful portion of the average household's food budget.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of jelly per pound in the U.S. city average, providing insight into consumer price dynamics for this common household item.
Q: Why is this trend relevant for users or analysts?
A: The jelly price trend is important for understanding household budgets, food price inflation, and consumer purchasing power.
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 per pound.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze consumer behavior and assess the overall cost of living.
Q: Are there update delays or limitations?
A: The jelly price data is published monthly with minimal delay, providing timely insights into consumer price dynamics.
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Citation
U.S. Federal Reserve, Average Price: Jelly (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000715311), retrieved from FRED.