Average Price: Chicken Legs, Bone-In (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300706212 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.82
Year-over-Year Change
-1.84%
Date Range
1/1/1980 - 6/1/2025
Summary
This economic trend measures the average retail price of bone-in chicken legs in the South Census Region of the United States. It is an important indicator of food costs and consumer purchasing power.
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 Legs, Bone-In (Cost per Pound/453.6 Grams) in the South Census Region - Urban tracks the typical market price for this common meat product. It is used by economists, policymakers, and industry analysts to monitor food inflation and consumer behavior.
Methodology
The data is collected through surveys of urban retailers in the South Census Region.
Historical Context
This price trend provides context for assessing the state of regional food markets and consumer spending.
Key Facts
- Chicken is a dietary staple for many American households.
- The South Census Region represents 37% of the U.S. population.
- Bone-in chicken legs are a common, affordable meat cut.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of bone-in chicken legs in the South Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This price trend is an important indicator of food costs and consumer purchasing power in the region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of urban retailers in the South Census Region.
Q: How is this trend used in economic policy?
A: This trend provides context for assessing the state of regional food markets and consumer spending.
Q: Are there update delays or limitations?
A: The data is reported monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Average Price: Chicken Legs, Bone-In (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300706212), retrieved from FRED.