Average Price: Tomatoes, Field Grown (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100712311 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.93
Year-over-Year Change
-9.03%
Date Range
1/1/1980 - 6/1/2025
Summary
This economic trend measures the average price of field-grown tomatoes per pound in the Northeast Census Region's urban areas. It provides insights into food price dynamics and consumer behavior in a key U.S. 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: Tomatoes, Field Grown (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban is an economic indicator that tracks the average retail price of fresh, field-grown tomatoes in urban areas of the Northeast. This data is used by policymakers, economists, and market analysts to understand food price trends and their impact on consumer purchasing power.
Methodology
The data is collected through surveys of retail establishments in the Northeast region by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator helps inform agricultural, trade, and consumer policies that impact food prices and affordability.
Key Facts
- Tomatoes are a widely consumed fresh produce item in the U.S.
- The Northeast region accounts for a significant share of domestic tomato production and consumption.
- Price trends for field-grown tomatoes can impact food budgets and inflation measures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price per pound of fresh, field-grown tomatoes in urban areas of the Northeast Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into food price dynamics and consumer purchasing power in a key U.S. region, which is useful for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the Northeast region by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This indicator helps inform agricultural, trade, and consumer policies that impact food prices and affordability in the Northeast region.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Average Price: Tomatoes, Field Grown (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100712311), retrieved from FRED.