Average Price: Corn on the Cob (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100712407 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.34
Year-over-Year Change
-0.59%
Date Range
5/1/1980 - 9/1/1987
Summary
This economic trend measures the average price of corn on the cob in the Northeast Census Region of the United States. It is an important indicator for monitoring food prices and cost-of-living changes in urban areas.
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: Corn on the Cob (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban trend provides detailed data on the retail prices paid by consumers for this common agricultural product. It is a key metric used by economists, policymakers, and market analysts to understand food inflation and regional price dynamics.
Methodology
The data is collected through surveys of urban consumers in the Northeast Census Region.
Historical Context
This trend is closely watched by the Federal Reserve and other institutions for insights into consumer spending and regional price pressures.
Key Facts
- Corn on the cob is a common summertime vegetable.
- The Northeast region includes 9 states and Washington D.C.
- Prices are reported per pound (453.6 grams)
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price paid by consumers for corn on the cob in the Northeast Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This data is important for monitoring food price inflation, regional price differences, and changes in consumer purchasing power.
Q: How is this data collected or calculated?
A: The data is collected through surveys of urban consumers in the Northeast Census Region.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely track this metric for insights into consumer spending and regional price pressures.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing timely information on Northeast urban corn prices.
Similar APU Trends
Average Price: Wine, Red and White Table, All Sizes, Any Origin (Cost per 1 Liter/33.8 Ounces) in the West Census Region - Urban
APU0400720311
Average Price: Steak, Round, USDA Choice, Boneless (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000703511
Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in the Pacific Census Division
APU049074714
Average Price: Bacon, Sliced (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400704111
Average Price: Orange Juice, Frozen Concentrate, 12 Ounce Can (Cost per 16 Ounces/473.2 Milliliters) in the West Census Region - Urban
APU0400713111
Average Price: Corn on the Cob (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000712407
Citation
U.S. Federal Reserve, Average Price: Corn on the Cob (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100712407), retrieved from FRED.