Average Price: Oranges, Valencia (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300711312 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.09
Year-over-Year Change
41.17%
Date Range
5/1/1980 - 9/1/2009
Summary
This economic trend measures the average price of Valencia oranges per pound in the South Census Region of the United States. It provides important insights into the cost of a common produce item for urban consumers in that 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: Oranges, Valencia (Cost per Pound/453.6 Grams) in the South Census Region - Urban data series tracks the market price of this citrus fruit in a key region. This metric is useful for analyzing consumer price dynamics, agricultural supply and demand, and regional cost-of-living factors.
Methodology
The data is collected through surveys of urban retailers in the South Census Region.
Historical Context
Policymakers and market analysts often reference this type of regional price data to understand broader economic conditions and consumer behavior.
Key Facts
- Valencia oranges are a popular citrus variety in the Southern United States.
- The South Census Region includes 16 states from Texas to Virginia.
- Urban consumers account for the majority of produce purchases in this region.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the average price per pound of Valencia oranges sold to urban consumers in the South Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: The orange price metric provides important insights into regional consumer costs, agricultural supply and demand, and broader economic conditions in the Southern United States.
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: Policymakers and market analysts often reference regional price data like this to understand consumer behavior and broader economic trends.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series only covers urban areas in the South Census Region.
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Citation
U.S. Federal Reserve, Average Price: Oranges, Valencia (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300711312), retrieved from FRED.