Average Price: Strawberries, Dry Pint (Cost per 12 Ounces/340.2 Grams) in the Midwest Census Region - Urban

APU0200711415 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.30

Year-over-Year Change

20.94%

Date Range

4/1/1980 - 10/1/2019

Summary

This economic trend measures the average price of strawberries in the Midwest region's urban areas, providing insights into consumer spending and regional price variations.

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: Strawberries, Dry Pint (Cost per 12 Ounces/340.2 Grams) in the Midwest Census Region - Urban metric tracks the average retail price paid by consumers for fresh strawberries in the Midwest's urban markets. This data is used by economists and policymakers to analyze consumer behavior and regional price disparities.

Methodology

The data is collected through surveys of retail establishments in the Midwest region.

Historical Context

This trend is relevant for understanding consumer demand, inflation, and regional price dynamics.

Key Facts

  • Strawberries are a popular fruit item for many U.S. consumers.
  • Prices can vary significantly by region and urban/rural location.
  • The Midwest region is a major producer and consumer of strawberries.

FAQs

Q: What does this economic trend measure?

A: This trend measures the average retail price paid by consumers for fresh strawberries in urban areas of the Midwest Census Region.

Q: Why is this trend relevant for users or analysts?

A: This data is useful for analyzing consumer spending patterns, regional price variations, and inflationary trends related to a popular fruit product.

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: Policymakers and economists use this data to understand consumer behavior, regional price dynamics, and factors influencing food inflation.

Q: Are there update delays or limitations?

A: The data is subject to the collection schedules and methodologies of the surveying agencies.

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Citation

U.S. Federal Reserve, Average Price: Strawberries, Dry Pint (Cost per 12 Ounces/340.2 Grams) in the Midwest Census Region - Urban (APU0200711415), retrieved from FRED.