Average Price: Cucumbers (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200712409 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.77
Year-over-Year Change
-5.29%
Date Range
1/1/1980 - 2/1/1992
Summary
This economic trend measures the average price of cucumbers per pound in the Midwest Census Region's urban areas. It provides insights into the cost of a common produce item for consumers and businesses in this geographic 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: Cucumbers (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban trend tracks the retail price of cucumbers in urban areas of the Midwest. This metric is used by economists, policymakers, and market analysts to understand food price dynamics and consumer purchasing patterns.
Methodology
The data is collected through surveys of retail establishments in the Midwest region.
Historical Context
Cucumber price trends can inform agricultural, trade, and consumer policies.
Key Facts
- Cucumbers are a common vegetable consumed fresh and in salads.
- The Midwest region accounts for a significant portion of U.S. cucumber production.
- Cucumber prices can be influenced by factors like weather, imports, and consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of cucumbers per pound in urban areas of the Midwest Census Region.
Q: Why is this trend relevant for users or analysts?
A: Cucumber price data provides insights into food costs and consumer purchasing patterns in the Midwest, which is important for businesses, policymakers, and economic 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: Cucumber price trends can inform agricultural, trade, and consumer policies by shedding light on food price dynamics in a key U.S. market.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of the retail surveys conducted in the Midwest region.
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Citation
U.S. Federal Reserve, Average Price: Cucumbers (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban (APU0200712409), retrieved from FRED.