Average Price: Rolls, Hamburger (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100702221 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.03
Year-over-Year Change
-2.46%
Date Range
1/1/1980 - 12/1/1981
Summary
This economic trend tracks the average price of hamburger rolls in the Northeast Census Region's urban areas. It provides insights into consumer prices and food costs in a key U.S. geographic region.
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: Rolls, Hamburger (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban trend represents the average retail price paid by consumers for hamburger rolls in urban areas of the Northeast U.S. census region. This metric is used by economists and policymakers to analyze food price inflation and consumer purchasing power.
Methodology
The data is collected through the Bureau of Labor Statistics' Consumer Price Index (CPI) program.
Historical Context
This economic indicator is relevant for monitoring regional consumer price trends and informing policy decisions.
Key Facts
- Prices are reported in U.S. dollars per pound.
- Data is collected monthly and reported with a 1-2 month lag.
- The Northeast region includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the average retail price paid by consumers for hamburger rolls in urban areas of the Northeast U.S. census region.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into regional food price inflation and consumer purchasing power, which are important considerations for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through the Bureau of Labor Statistics' Consumer Price Index (CPI) program.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to monitor regional consumer price trends and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is reported with a 1-2 month lag and only covers urban areas within the Northeast Census Region.
Similar APU Trends
Average Price: Electricity per Kilowatt-Hour in Los Angeles-Long Beach-Anaheim, CA (CBSA)
APUS49A72610
Average Price: Shoulder Picnic, Bone-In, Smoked (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000704413
Average Price: Chicken Breast, Bone-In (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000706211
Average Price: Lemons (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100711412
Average Price: Steak, Rib Eye, USDA Choice, Boneless (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100703425
Average Price: Yogurt (Cost per 8 Ounces/226.8 Grams) in the West Census Region - Urban
APU0400FJ4101
Citation
U.S. Federal Reserve, Average Price: Rolls, Hamburger (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100702221), retrieved from FRED.