Average Price: Grapes, Thompson Seedless (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100711417 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.51
Year-over-Year Change
-5.85%
Date Range
7/1/1980 - 12/1/2017
Summary
This economic trend measures the average retail price of Thompson Seedless grapes per pound in the Northeast Census Region of the United States. It provides insight into the cost of this agricultural commodity for urban consumers.
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: Grapes, Thompson Seedless (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban is a key economic indicator that tracks the cost of this fruit for urban consumers in the Northeastern United States. It is used by analysts and policymakers to understand food price dynamics and consumer purchasing power.
Methodology
The data is collected through surveys of urban retail establishments in the Northeast Census Region.
Historical Context
This price trend is relevant for understanding consumer inflation and the state of regional agricultural markets.
Key Facts
- Thompson Seedless is a popular table grape variety.
- The Northeast Census Region includes 9 states in the Northeastern U.S.
- Grape prices can fluctuate based on crop yields and transportation costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of Thompson Seedless grapes per pound for urban consumers in the Northeastern United States.
Q: Why is this trend relevant for users or analysts?
A: This price trend provides insight into consumer costs for a key agricultural commodity, which is useful for understanding food inflation and regional market dynamics.
Q: How is this data collected or calculated?
A: The data is collected through surveys of urban retail establishments in the Northeast Census Region.
Q: How is this trend used in economic policy?
A: This grape price trend is used by economists and policymakers to monitor consumer inflation and the state of regional agricultural markets.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the survey-based methodology, and the trend only reflects urban prices in the Northeast region.
Similar APU Trends
Average Price: Electricity per Kilowatt-Hour in the Northeast Census Region - Size Class B/C
APUN10072610
Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in U.S. City Average
APU0000709112
Average Price: Cookies, Chocolate Chip (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400702421
PADD III (Gulf Coast District) Premium All Formulations Gas Price
GASPRMGCM
Average Price: Cherries (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200711418
Average Price: Utility (Piped) Gas per Therm in the New England Census Division
APU011072620
Citation
U.S. Federal Reserve, Average Price: Grapes, Thompson Seedless (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100711417), retrieved from FRED.