Average Price: Jelly (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100715311 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.84
Year-over-Year Change
7.30%
Date Range
1/1/1980 - 11/1/1981
Summary
This economic trend measures the average price of jelly per pound in the Northeast Census Region of the United States, focusing on urban areas. It provides valuable insights into consumer prices and regional market dynamics.
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: Jelly (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban trend tracks the average retail price of jelly sold in the Northeast region's urban areas. This data is used by economists and policymakers to analyze consumer spending patterns and monitor regional price inflation.
Methodology
The data is collected through surveys of retail establishments in the Northeast Census Region's urban areas.
Historical Context
This trend is relevant for understanding consumer behavior and regional economic conditions.
Key Facts
- The Northeast region includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
- Jelly is a popular food item made from fruit juice and used as a spread or ingredient in various dishes.
- Urban areas typically have higher consumer prices compared to rural areas due to factors like higher rent and labor costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of jelly sold per pound in the 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 consumer spending patterns and regional price dynamics, which are important for understanding economic conditions and cost-of-living changes.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the Northeast Census Region's urban areas.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to monitor regional consumer price inflation and inform decision-making related to economic policies and programs.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of the underlying survey collection process, and may not reflect the most up-to-date market conditions.
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Citation
U.S. Federal Reserve, Average Price: Jelly (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100715311), retrieved from FRED.