Average Price: Peaches (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200711414 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.96
Year-over-Year Change
13.46%
Date Range
6/1/1980 - 9/1/2019
Summary
This economic trend measures the average price of peaches per pound in the Midwest Census Region's urban areas. It provides valuable insights into regional food price dynamics and consumer behavior.
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: Peaches (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban series tracks the average retail price of peaches sold in urban areas of the Midwest. This data is used by economists and policymakers to analyze trends in regional food prices and consumer purchasing patterns.
Methodology
The data is collected through surveys of retail establishments in the Midwest Census Region's urban areas.
Historical Context
This trend is relevant for understanding regional market conditions and informing economic policies related to agriculture and consumer prices.
Key Facts
- Peaches are a popular summer fruit in the Midwest.
- Prices can vary due to factors like weather and supply chain disruptions.
- The Midwest region accounts for a significant portion of U.S. peach production.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of peaches sold per pound in urban areas of the Midwest Census Region.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into regional food price dynamics and consumer behavior, which is 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 Census Region's urban areas.
Q: How is this trend used in economic policy?
A: This trend is used to understand regional market conditions and inform economic policies related to agriculture and consumer prices.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of the Federal Reserve's data collection process.
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Citation
U.S. Federal Reserve, Average Price: Peaches (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban (APU0200711414), retrieved from FRED.