Average Price: Chicken, Fresh, Whole (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200706111 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.23
Year-over-Year Change
7.63%
Date Range
1/1/1980 - 6/1/2025
Summary
This economic trend measures the average price of fresh, whole chicken per pound in the Midwest region of the United States. It is an important indicator of 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, Fresh, Whole (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban data series tracks the average retail price for this common grocery item. It is used by economists and policymakers to monitor changes in the cost of living and consumer spending patterns.
Methodology
The data is collected through surveys of retail establishments in the Midwest region.
Historical Context
This price trend is closely watched as an input to monetary policy decisions and market analysis.
Key Facts
- Prices are reported per pound of fresh, whole chicken.
- The Midwest region includes 12 states in the central U.S.
- Urban areas account for the majority of chicken purchases.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of fresh, whole chicken sold per pound in the Midwest region of the United States.
Q: Why is this trend relevant for users or analysts?
A: The chicken price trend is an important indicator of consumer food costs and overall inflation, making it relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the Midwest region.
Q: How is this trend used in economic policy?
A: This chicken price trend is used to monitor changes in the cost of living and consumer spending patterns, which informs monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may not capture all retail outlets in the region.
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Citation
U.S. Federal Reserve, Average Price: Chicken, Fresh, Whole (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban (APU0200706111), retrieved from FRED.