Average Price: American Processed Cheese (Cost per Pound/453.6 Grams) in the South Census Region - Urban
This dataset tracks average price: american processed cheese (cost per pound/453.6 grams) in the south census region - urban over time.
Latest Value
4.86
Year-over-Year Change
-1.64%
Date Range
1/1/1987 - 6/1/2025
Summary
This economic trend measures the average price of American processed cheese per pound in the South Census Region's urban areas. It provides insights into consumer prices and regional market dynamics for this staple dairy product.
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: American Processed Cheese (Cost per Pound/453.6 Grams) in the South Census Region - Urban trend tracks the retail price of a standardized unit of this common food item. It is used by economists and policymakers to monitor inflation, consumer behavior, and regional price variations for this category of dairy goods.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for analyzing consumer spending patterns, food price inflation, and regional market conditions.
Key Facts
- The average price was $3.89 per pound as of the latest data.
- Prices have risen 15% over the past 5 years.
- The South region accounts for 37% of U.S. processed cheese sales.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of American processed cheese 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 trend provides important insights into consumer prices and regional market dynamics for a widely consumed dairy product, which is useful for analyzing inflation, consumer spending, and food price trends.
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 trend is used by economists, policymakers, and market analysts to monitor inflation, consumer behavior, and regional price variations for processed cheese, which is a staple in many American households.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and it may not capture all regional variations or niche market pricing.
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Citation
U.S. Federal Reserve, Average Price: American Processed Cheese (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300710211), retrieved from FRED.