Average Price: All Uncooked Beef Roasts (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000FC2101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.20
Year-over-Year Change
9.78%
Date Range
1/1/1998 - 6/1/2025
Summary
This economic trend measures the average price per pound for all uncooked beef roasts in the U.S. city average. It is an important indicator of consumer beef prices and a key metric for analyzing household spending and food inflation.
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: All Uncooked Beef Roasts trend represents the average retail price per pound of various beef roast cuts, including chuck roast, rib roast, and round roast. It is a widely tracked statistic that provides insight into beef affordability and consumer behavior.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by policymakers, economists, and industry analysts to assess inflationary pressures and consumer purchasing power.
Key Facts
- Beef is a major component of the Consumer Price Index (CPI).
- Roasts account for a significant portion of household beef purchases.
- Prices for uncooked beef roasts have fluctuated with drought, supply chain issues, and consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price per pound for all uncooked beef roast cuts, including chuck, rib, and round roasts, in the U.S. city average.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insight into consumer beef affordability and is a key indicator of food inflation and household spending patterns.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and industry analysts to assess inflationary pressures and consumer purchasing power.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, and may not fully capture regional price variations.
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Citation
U.S. Federal Reserve, Average Price: All Uncooked Beef Roasts (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000FC2101), retrieved from FRED.