Average Price: Bacon, Sliced (Cost per Pound/453.6 Grams) in the South Census Region - Urban
This dataset tracks average price: bacon, sliced (cost per pound/453.6 grams) in the south census region - urban over time.
Latest Value
6.59
Year-over-Year Change
3.73%
Date Range
1/1/1980 - 6/1/2025
Summary
This economic trend measures the average price of sliced bacon per pound in the South Census Region of the United States. It provides insight into consumer prices and the cost of living in this geographic area.
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: Bacon, Sliced (Cost per Pound/453.6 Grams) in the South Census Region - Urban series tracks the average retail price of sliced bacon sold in urban areas of the South Census Region. This data point is used by economists and policymakers to analyze regional consumer price trends and purchasing power.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is relevant for understanding regional cost-of-living dynamics and consumer price inflation.
Key Facts
- The South Census Region includes 16 states, from Texas to Virginia.
- Bacon prices can fluctuate based on factors like supply, demand, and seasonality.
- Urban consumers typically pay more for goods like bacon compared to rural areas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of sliced bacon sold per pound in urban areas of the South Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This data point is relevant for understanding regional consumer price trends and the cost of living in the South Census Region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to analyze regional consumer price dynamics and purchasing power.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be lags in reporting or geographic coverage limitations.
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Citation
U.S. Federal Reserve, Average Price: Bacon, Sliced (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300704111), retrieved from FRED.