Average Price: Strawberries, Dry Pint (Cost per 12 Ounces/340.2 Grams) in the Northeast Census Region - Urban
APU0100711415 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.37
Year-over-Year Change
-13.61%
Date Range
4/1/1980 - 3/1/2020
Summary
This economic trend measures the average price of strawberries sold in 12-ounce containers in the Northeast Census Region's urban areas. It provides insights into the cost of this popular produce item for consumers and analysts.
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: Strawberries, Dry Pint (Cost per 12 Ounces/340.2 Grams) in the Northeast Census Region - Urban series tracks the retail price of pre-packaged strawberries in the Northeastern U.S. urban markets. This data is used to monitor changes in the cost of fresh produce and can indicate shifts in agricultural supply and consumer demand.
Methodology
The data is collected through surveys of retail establishments in the Northeast region.
Historical Context
This price trend is relevant for assessing consumer purchasing power and the overall health of regional food markets.
Key Facts
- Strawberries are a popular fruit consumed fresh and in processed foods.
- The Northeast region accounts for a significant share of U.S. strawberry production.
- Retail strawberry prices can fluctuate based on seasonal supply and demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of pre-packaged strawberries sold in 12-ounce containers in the urban areas of the Northeast Census Region.
Q: Why is this trend relevant for users or analysts?
A: This price data provides insights into the cost of a popular fresh produce item, which is useful for monitoring consumer purchasing power and regional food market conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the Northeast region.
Q: How is this trend used in economic policy?
A: This strawberry price trend can inform analysts and policymakers about regional food affordability and the health of agricultural supply chains.
Q: Are there update delays or limitations?
A: The data is published regularly, but there may be occasional delays in reporting due to survey collection and processing.
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Citation
U.S. Federal Reserve, Average Price: Strawberries, Dry Pint (Cost per 12 Ounces/340.2 Grams) in the Northeast Census Region - Urban (APU0100711415), retrieved from FRED.