Average Price: Rolls, Hamburger (Cost per Pound/453.6 Grams) in the South Census Region - Urban

APU0300702221 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.83

Year-over-Year Change

2.60%

Date Range

1/1/1980 - 10/1/1985

Summary

This economic trend measures the average price of rolls and hamburger meat per pound in the urban areas of the South Census Region. It provides valuable insights into regional consumer 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: Rolls, Hamburger (Cost per Pound/453.6 Grams) in the South Census Region - Urban trend tracks the typical retail cost of these common food items. This data helps economists and policymakers understand regional variations in consumer purchasing power and inflation.

Methodology

The data is collected through surveys of retailers in the South Census Region's urban areas.

Historical Context

This price trend is often used to inform policy decisions and analyze regional consumer market conditions.

Key Facts

  • Prices are tracked in urban areas of the South Census Region.
  • Data is collected through retailer surveys.
  • Trend helps analyze regional consumer purchasing power.

FAQs

Q: What does this economic trend measure?

A: This trend measures the average retail price per pound for rolls and hamburger meat in the urban areas of the South Census Region.

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

A: This data provides valuable insights into regional consumer price dynamics and purchasing power, which is useful for economists and policymakers.

Q: How is this data collected or calculated?

A: The data is collected through surveys of retailers in the South Census Region's urban areas.

Q: How is this trend used in economic policy?

A: This price trend is often used to inform policy decisions and analyze regional consumer market conditions.

Q: Are there update delays or limitations?

A: The data is published regularly, but there may be some delays in reporting due to the survey-based collection process.

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Citation

U.S. Federal Reserve, Average Price: Rolls, Hamburger (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300702221), retrieved from FRED.