Average Price: Radishes (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100712408 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.03
Year-over-Year Change
18.00%
Date Range
1/1/1980 - 7/1/1987
Summary
This economic trend measures the average price of radishes per pound in the Northeast Census Region's urban areas. It provides insights into consumer prices and food costs in a key U.S. market.
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: Radishes (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban trend tracks the typical retail price of radishes in urban centers across the Northeastern United States. This data is used by economists and policymakers to monitor consumer food price inflation and regional market conditions.
Methodology
The data is collected through surveys of retail establishments in the Northeast Census Region.
Historical Context
This price trend is relevant for understanding household spending, food affordability, and regional economic performance.
Key Facts
- Radishes are a popular root vegetable consumed in the U.S.
- The Northeast Census Region includes 9 states, from Maine to Pennsylvania.
- Prices can vary based on seasonality, supply, and regional demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of radishes, sold by the pound, in urban areas of the Northeastern United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumer food prices and cost-of-living trends in a major U.S. market, which is useful for economists, policymakers, and households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the Northeast Census Region.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this price trend to monitor regional inflation, consumer purchasing power, and food affordability.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the trend only covers urban areas in the Northeast Census Region.
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Citation
U.S. Federal Reserve, Average Price: Radishes (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100712408), retrieved from FRED.