Average Price: All Pork Chops (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200FD3101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.04
Year-over-Year Change
6.27%
Date Range
1/1/1998 - 6/1/2025
Summary
This trend measures the average price per pound of all pork chops in the Midwest Census Region's urban areas. It is a key indicator of pork meat costs for consumers and analysts.
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 Pork Chops (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban trend tracks the typical retail price of pork chops in urban areas of the Midwest. It is used to monitor food price inflation and consumer purchasing power.
Methodology
The data is collected through surveys of retail establishments and calculated as a regional average price per pound.
Historical Context
This pork chop price trend is closely watched by policymakers, economists, and industry analysts to assess food cost pressures.
Key Facts
- Pork is a dietary staple for many American households.
- The Midwest is a major pork-producing region in the U.S.
- Pork chop prices impact consumer purchasing power.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price per pound of all pork chops sold in urban areas of the Midwest Census Region.
Q: Why is this trend relevant for users or analysts?
A: Pork chop prices are a key indicator of food cost inflation and consumer purchasing power, making this trend important for policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated as a regional average price per pound.
Q: How is this trend used in economic policy?
A: This pork chop price trend is closely watched by policymakers, economists, and industry analysts to assess food cost pressures and their impact on consumers.
Q: Are there update delays or limitations?
A: The data is published monthly with a brief delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Average Price: All Pork Chops (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban (APU0200FD3101), retrieved from FRED.