Average Price: Chuck Roast, USDA Choice, Boneless (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300703213 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.04
Year-over-Year Change
7.07%
Date Range
1/1/1989 - 6/1/2025
Summary
This economic trend measures the average price of chuck roast, a popular beef cut, in the South Census Region of the United States. It provides insight into consumer meat prices and regional cost-of-living 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: Chuck Roast, USDA Choice, Boneless (Cost per Pound/453.6 Grams) in the South Census Region - Urban trend tracks the market price of this specific beef product over time. It is a key indicator of retail meat costs and can inform household budgeting, business planning, and policymaking.
Methodology
The data is collected through surveys of urban consumers in the South Census Region.
Historical Context
This price trend is used by economists, policymakers, and businesses to monitor regional consumer price inflation and purchasing power.
Key Facts
- Chuck roast is a common and affordable beef cut.
- The South Census Region has a large and diverse population.
- Meat prices can significantly impact household budgets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of chuck roast, a popular beef cut, in the South Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into regional consumer meat prices, which is important for understanding cost-of-living dynamics and household purchasing power.
Q: How is this data collected or calculated?
A: The data is collected through surveys of urban consumers in the South Census Region.
Q: How is this trend used in economic policy?
A: This price trend is used by economists, policymakers, and businesses to monitor regional consumer price inflation and purchasing power.
Q: Are there update delays or limitations?
A: The data is published regularly, but there may be occasional delays or limitations in collection due to market conditions or survey coverage.
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Citation
U.S. Federal Reserve, Average Price: Chuck Roast, USDA Choice, Boneless (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300703213), retrieved from FRED.