Average Price: Oranges, Navel (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban

APU0100711311 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.75

Year-over-Year Change

11.09%

Date Range

1/1/1980 - 5/1/2025

Summary

This economic trend measures the average price per pound of navel oranges in the Northeast Census Region of the United States. It is an important indicator of consumer prices and regional 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: Oranges, Navel (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban series tracks the retail cost of a key agricultural commodity. This data point helps economists and policymakers analyze household spending patterns and monitor regional price dynamics.

Methodology

The data is collected through surveys of urban consumers in the Northeast region.

Historical Context

This price trend is used to contextualize broader consumer price inflation and assess regional market conditions.

Key Facts

  • Navel oranges are a popular citrus variety.
  • The Northeast region includes 9 states from Maine to Maryland.
  • Prices are reported in US dollars per pound.

FAQs

Q: What does this economic trend measure?

A: This trend measures the average retail price of navel oranges sold per pound in the Northeast Census Region of the United States.

Q: Why is this trend relevant for users or analysts?

A: This price data is an important indicator of regional food inflation and consumer purchasing power.

Q: How is this data collected or calculated?

A: The data is collected through surveys of urban consumers in the Northeast region.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this price data to contextualize broader consumer price inflation and assess regional market conditions.

Q: Are there update delays or limitations?

A: The data is published monthly with a 1-2 month delay.

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Citation

U.S. Federal Reserve, Average Price: Oranges, Navel (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100711311), retrieved from FRED.