Average Price: Potatoes, White (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100712112 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.05
Year-over-Year Change
3.85%
Date Range
3/1/1986 - 6/1/2025
Summary
This economic trend measures the average price of white potatoes per pound in the Northeast Census Region's urban areas. It provides insights into the cost of a staple food item and can inform policymakers and consumers about price dynamics in regional food markets.
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: Potatoes, White (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban trend tracks the average retail price of white potatoes sold in urban areas of the Northeastern United States. This metric is used by economists and policymakers to analyze trends in the cost of a common household food item and monitor regional price variations.
Methodology
The data is collected through surveys of retail stores in the Northeast Census Region and calculated as the average price per pound of white potatoes.
Historical Context
This economic indicator is relevant for understanding consumer purchasing power, food inflation, and regional market conditions.
Key Facts
- Potatoes are a dietary staple in the United States.
- The Northeast Census Region includes 9 states and Washington D.C.
- Food prices can vary significantly by geographic region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price per pound of white potatoes sold in urban areas of the Northeastern United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the cost of a common household food item and can inform policymakers and consumers about price dynamics in regional food markets.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail stores in the Northeast Census Region and calculated as the average price per pound of white potatoes.
Q: How is this trend used in economic policy?
A: This economic indicator is relevant for understanding consumer purchasing power, food inflation, and regional market conditions.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of retail surveys in the Northeast region.
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Citation
U.S. Federal Reserve, Average Price: Potatoes, White (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100712112), retrieved from FRED.