Average Price: All Ham (Excluding Canned Ham and Luncheon Slices) (Cost per Pound/453.6 Grams) in U.S. City Average
This dataset tracks average price: all ham (excluding canned ham and luncheon slices) (cost per pound/453.6 grams) in u.s. city average over time.
Latest Value
4.40
Year-over-Year Change
-3.53%
Date Range
1/1/1998 - 6/1/2025
Summary
This economic indicator tracks the average retail price of ham (excluding canned ham and luncheon slices) in the U.S. It provides insight into a key component of consumer food prices and 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 Ham (Excluding Canned Ham and Luncheon Slices) series measures the average cost per pound of fresh and frozen ham sold at retail outlets across the United States. This metric is used by economists and policymakers to analyze trends in consumer food expenditures and overall price inflation.
Methodology
The data is collected through surveys of retail establishments and calculated as a national average price per pound.
Historical Context
Tracking changes in ham prices helps inform monetary policy decisions and provides context for consumer spending patterns.
Key Facts
- Ham is a staple protein for many American households.
- Prices vary based on factors like pork supply, processing costs, and seasonality.
- This metric excludes specialty or niche ham products like canned and luncheon varieties.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the average retail price of fresh and frozen ham (excluding canned and luncheon varieties) sold in the United States.
Q: Why is this trend relevant for users or analysts?
A: Monitoring ham prices provides insights into food inflation, consumer spending, and the overall state of the economy.
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: Policymakers and economists use this metric to help inform monetary policy decisions and understand consumer spending patterns.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month lag, and may not capture all regional or specialty ham price variations.
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Citation
U.S. Federal Reserve, Average Price: All Ham (Excluding Canned Ham and Luncheon Slices) (APU0000FD2101), retrieved from FRED.