Average Price: Oranges, Navel (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300711311 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.69
Year-over-Year Change
2.48%
Date Range
1/1/1980 - 6/1/2025
Summary
This economic trend tracks the average price of navel oranges per pound in the urban areas of the South Census Region. It provides valuable insights into consumer prices and regional price variations for a key agricultural commodity.
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: Oranges, Navel (Cost per Pound/453.6 Grams) in the South Census Region - Urban is a key indicator of retail food prices monitored by economists and policymakers. It reflects the average cost that urban consumers in the southern United States pay for this common fruit.
Methodology
The data is collected through the Consumer Price Index (CPI) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This price trend is used to analyze regional food inflation, consumer purchasing power, and agricultural market conditions.
Key Facts
- Navel oranges are a popular citrus variety known for their seedless nature and easy peeling.
- The South Census Region covers 16 states, including Texas, Florida, and Virginia.
- Orange prices can fluctuate seasonally and by region due to factors like weather, supply, and transportation costs.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the average retail price paid by urban consumers in the southern United States for navel oranges sold by the pound.
Q: Why is this trend relevant for users or analysts?
A: This price data provides insights into regional food inflation, consumer purchasing power, and agricultural market conditions for a key fruit commodity.
Q: How is this data collected or calculated?
A: The data is collected through the Consumer Price Index (CPI) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to analyze regional food price dynamics and its implications for consumer spending, inflation, and agricultural markets.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions based on updated survey information.
Similar APU Trends
Average Price: Gasoline, Unleaded Midgrade (Cost per Gallon/3.785 Liters) in the West North Central Census Division
APU024074715
Average Price: Utility (Piped) Gas - 40 Therms in City - Size Class B
APUB00072601
Average Price: Beef Liver (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400705141
Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Pittsburgh, PA (CBSA)
APUA10474714
Average Price: Utility (Piped) Gas - 40 Therms in Houston-The Woodlands-Sugar Land, TX (CBSA)
APUS37B72601
Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in Urban Alaska (CBSA)
APUS49G72511
Citation
U.S. Federal Reserve, Average Price: Oranges, Navel (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300711311), retrieved from FRED.