Average Price: Tomatoes, Canned, Any Type, All Sizes (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100714232 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.63
Year-over-Year Change
-4.09%
Date Range
12/1/1995 - 9/1/1997
Summary
This economic trend measures the average price of canned tomatoes per pound in the Northeast Census Region's urban areas. It provides insights into consumer price dynamics and can inform economic analysis and policy decisions.
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, Canned, Any Type, All Sizes (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban series tracks the average retail price of canned tomato products in urban areas of the Northeastern United States. This data point is a key indicator of consumer prices and purchasing power in the region.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is used by policymakers, analysts, and businesses to monitor regional consumer price trends and their potential impact on the broader economy.
Key Facts
- Canned tomatoes are a staple food item in many households.
- The Northeast region accounts for a significant share of the U.S. population.
- Tracking regional price trends can inform policy decisions and business strategies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of canned tomatoes per pound in urban areas of the Northeastern United States.
Q: Why is this trend relevant for users or analysts?
A: This data point is a key indicator of consumer prices and purchasing power in the Northeast region, which can inform economic analysis and policy decisions.
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: This economic indicator is used by policymakers, analysts, and businesses to monitor regional consumer price trends and their potential impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, but may be subject to collection and reporting delays.
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Citation
U.S. Federal Reserve, Average Price: Tomatoes, Canned, Any Type, All Sizes (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100714232), retrieved from FRED.