Average Price: All Ham (Excluding Canned Ham and Luncheon Slices) (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200FD2101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.69
Year-over-Year Change
-6.50%
Date Range
1/1/1998 - 6/1/2025
Summary
This economic trend measures the average price per pound of ham (excluding canned ham and luncheon slices) in the Midwest Census Region's urban areas. It provides insights into consumer spending and regional price dynamics.
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: All Ham (Excluding Canned Ham and Luncheon Slices) metric tracks the retail cost of fresh and frozen ham products in the Midwest urban markets. This data point is used by economists and policymakers to analyze regional food price trends and consumer purchasing patterns.
Methodology
The data is collected through surveys of retailers in the Midwest Census Region's urban areas.
Historical Context
This price index is relevant for assessing regional consumer price inflation and informing market analysis.
Key Facts
- Ham is a popular protein source in the Midwest region.
- Prices can vary based on seasonal demand and supply factors.
- This data helps track inflation and consumer purchasing power.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price per pound of ham (excluding canned and luncheon varieties) in urban areas of the Midwest Census Region.
Q: Why is this trend relevant for users or analysts?
A: This price index is important for analyzing regional food price dynamics, consumer spending patterns, and inflationary pressures in the Midwest.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers in the Midwest Census Region's urban areas.
Q: How is this trend used in economic policy?
A: This price index informs market analysis and helps policymakers assess regional consumer price inflation and purchasing power.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the index only covers urban areas in the Midwest Census Region.
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Citation
U.S. Federal Reserve, Average Price: All Ham (Excluding Canned Ham and Luncheon Slices) (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban (APU0200FD2101), retrieved from FRED.