Average Price: All Uncooked Beef Roasts (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100FC2101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.99
Year-over-Year Change
6.18%
Date Range
1/1/1998 - 6/1/2025
Summary
This economic trend measures the average price per pound of all uncooked beef roasts in the Northeast Census Region of the United States. It provides valuable insights into consumer price dynamics and food inflation in a key regional 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: All Uncooked Beef Roasts (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban data series tracks the average retail price of various beef roast cuts in this geographic area. It is a useful indicator of price levels and price changes for a core consumer staple.
Methodology
The data is collected through surveys of retail establishments and calculated as a regional average price per pound.
Historical Context
This price trend is closely monitored by economists, policymakers, and market analysts to assess regional consumer price dynamics and inflationary pressures.
Key Facts
- Prices are reported in U.S. dollars per pound.
- Data covers the Northeast Census Region, which includes CT, ME, MA, NH, NJ, NY, PA, RI, and VT.
- This series has been published monthly since 1978.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price per pound of all uncooked beef roast cuts in the Northeast Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This price trend provides valuable insights into consumer price dynamics and inflationary pressures for a core consumer staple in a key regional market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated as a regional average price per pound.
Q: How is this trend used in economic policy?
A: This price trend is closely monitored by economists, policymakers, and market analysts to assess regional consumer price dynamics and inflationary pressures.
Q: Are there update delays or limitations?
A: This series has been published monthly since 1978 with no significant update delays.
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Citation
U.S. Federal Reserve, Average Price: All Uncooked Beef Roasts (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100FC2101), retrieved from FRED.