Average Price: All Other Pork (Excluding Canned Ham and Luncheon Slices) (Cost per Pound/453.6 Grams) in U.S. City Average
This dataset tracks average price: all other pork (excluding canned ham and luncheon slices) (cost per pound/453.6 grams) in u.s. city average over time.
Latest Value
3.62
Year-over-Year Change
-0.80%
Date Range
1/1/1998 - 6/1/2025
Summary
This economic trend measures the average price per pound of all other pork products, excluding canned ham and luncheon slices, in the U.S. city average. It provides important insights into consumer pork prices and producer 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 Other Pork (Excluding Canned Ham and Luncheon Slices) trend tracks the cost per pound of various pork products, excluding certain processed items, across U.S. urban areas. This metric is used by economists and policymakers to analyze changes in consumer prices and producer costs.
Methodology
The data is collected through surveys of retail establishments and calculated as a weighted average price per pound.
Historical Context
This trend is relevant for understanding broader trends in food inflation and consumer spending.
Key Facts
- Pork is a major protein source for American consumers.
- Prices for pork products can impact household budgets and food inflation.
- This metric excludes some highly processed pork items to focus on raw and minimally processed pork.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price per pound of all pork products, excluding canned ham and luncheon slices, across U.S. urban areas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into consumer pork prices and producer inflation, which are key factors in understanding broader food cost and household spending dynamics.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated as a weighted average price per pound.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze changes in consumer prices and producer costs, which can inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting, and the metric may not capture all pork product varieties or regional price variations.
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Citation
U.S. Federal Reserve, Average Price: All Other Pork (Excluding Canned Ham and Luncheon Slices) (APU0000FD4101), retrieved from FRED.