Average Price: Chicken Breast, Boneless (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200FF1101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.45
Year-over-Year Change
-4.22%
Date Range
1/1/2006 - 6/1/2025
Summary
This economic trend measures the average price of boneless chicken breasts per pound in the Midwest Census Region's urban areas. It provides valuable insights into consumer food prices and trends in regional food markets.
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: Chicken Breast, Boneless (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban is a key indicator of food costs and consumer purchasing power. It tracks the typical retail price of this common protein source, which is widely consumed and an important component of household budgets.
Methodology
The data is collected through surveys of retail establishments in the Midwest region.
Historical Context
This trend is closely monitored by economists, policymakers, and market analysts to assess inflationary pressures and the overall cost of living.
Key Facts
- Chicken is a dietary staple for many U.S. households.
- The Midwest region accounts for a significant portion of U.S. poultry production.
- Boneless, skinless chicken breasts are a popular, versatile protein option.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of boneless, skinless chicken breasts per pound in urban areas of the Midwest Census Region.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into regional food costs and consumer purchasing power, which are key factors in assessing broader economic conditions and inflationary pressures.
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 analysts monitor this trend to understand the cost of living and inflationary pressures faced by consumers, which informs decision-making and policy responses.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule, but there may be lags in reporting due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Average Price: Chicken Breast, Boneless (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban (APU0200FF1101), retrieved from FRED.