Average Price: Celery (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
This dataset tracks average price: celery (cost per pound/453.6 grams) in the northeast census region - urban over time.
Latest Value
0.58
Year-over-Year Change
-11.79%
Date Range
1/1/1980 - 10/1/1991
Summary
This economic trend measures the average price of celery per pound in the Northeast Census Region of the United States, focusing on urban areas. It provides insight into consumer prices and food costs in a key geographic 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: Celery (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban trend tracks the retail price of celery, a common vegetable, in urban areas of the northeastern U.S. This data point is used by economists and policymakers to monitor food price inflation and consumer purchasing power.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Celery price trends are relevant for understanding consumer behavior, agricultural markets, and the overall cost of living in the Northeast region.
Key Facts
- Celery is a common vegetable used in many dishes.
- The Northeast region is a densely populated area of the U.S.
- Urban consumers tend to have different shopping habits than rural ones.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of celery per pound in urban areas of the Northeast Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: Celery price trends provide insight into food costs and consumer purchasing power in a major U.S. region, which is valuable information for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Celery price trends are used to monitor food price inflation, consumer behavior, and the overall cost of living in the Northeast region, which can inform economic policies and decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, and it may not fully capture all price variations within the diverse Northeast region.
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Citation
U.S. Federal Reserve, Average Price: Celery (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100712402), retrieved from FRED.