Average Price: Beef for Stew, Boneless (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300703432 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.87
Year-over-Year Change
8.28%
Date Range
1/1/1991 - 6/1/2025
Summary
This economic trend measures the average price per pound for boneless beef for stew in the South Census Region of the United States. It provides important insights into consumer prices and regional food cost variations.
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: Beef for Stew, Boneless (Cost per Pound/453.6 Grams) in the South Census Region - Urban trend tracks the typical retail price for this common household meat product. It is a valuable indicator of regional food inflation and consumer purchasing power.
Methodology
The data is collected through surveys of food retailers in the South Census Region.
Historical Context
This price trend is closely monitored by economists, policymakers, and market analysts to assess cost-of-living pressures and consumer behavior.
Key Facts
- Prices are reported in U.S. dollars per pound.
- Data is collected monthly and published with a 1-2 month lag.
- The South Census Region includes 16 states, from Texas to Virginia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price per pound for boneless beef intended for stew in the urban areas of the South Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This price trend provides important insights into regional food inflation and consumer purchasing power for a common household meat product.
Q: How is this data collected or calculated?
A: The data is collected through surveys of food retailers in the South Census Region.
Q: How is this trend used in economic policy?
A: This price trend is closely monitored by economists, policymakers, and market analysts to assess cost-of-living pressures and consumer behavior.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag after being collected.
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Citation
U.S. Federal Reserve, Average Price: Beef for Stew, Boneless (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300703432), retrieved from FRED.