Average Price: Chicken Breast, Boneless (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100FF1101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.22
Year-over-Year Change
9.75%
Date Range
5/1/2006 - 6/1/2025
Summary
This economic trend measures the average price of boneless chicken breasts per pound in the Northeast Census Region's urban areas. It provides insights into consumer food prices and inflation.
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: Chicken Breast, Boneless (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban series tracks the market price of a common protein item. This data point is used by economists and policymakers to analyze regional consumer purchasing power and the broader state of the economy.
Methodology
The data is collected through surveys of retailers in the Northeast Census Region's urban areas.
Historical Context
This price trend is relevant for understanding consumer inflation and the cost of living in the Northeast.
Key Facts
- Prices are reported per pound (453.6 grams).
- The Northeast region includes CT, ME, MA, NH, NJ, NY, PA, RI, and VT.
- Boneless chicken breasts are a common household protein purchase.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of boneless, skinless chicken breasts per pound in the Northeast Census Region's urban areas.
Q: Why is this trend relevant for users or analysts?
A: This price data provides insights into consumer food costs and inflation in the Northeast, which is useful for economists, policymakers, and households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers in the Northeast Census Region's urban areas.
Q: How is this trend used in economic policy?
A: This chicken breast price trend is used to monitor regional consumer inflation and purchasing power, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the survey methodology may not capture all regional price variations.
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Citation
U.S. Federal Reserve, Average Price: Chicken Breast, Boneless (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100FF1101), retrieved from FRED.