Average Price: Cherries (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300711418 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.11
Year-over-Year Change
30.62%
Date Range
6/1/1980 - 7/1/2018
Summary
This economic trend measures the average price per pound of cherries in the South Census Region of the United States, focusing on urban areas. It provides insight into the cost of this important fruit for consumers and businesses.
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: Cherries (Cost per Pound/453.6 Grams) in the South Census Region - Urban is a key economic indicator that tracks the market price of cherries in major metropolitan areas of the southern U.S. region. This data is used by economists, policymakers, and industry analysts to understand consumer purchasing power and food price inflation.
Methodology
The data is collected through surveys of retailers and compiled by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other agencies to assess overall price dynamics and the health of the agricultural sector.
Key Facts
- Cherries are a popular seasonal fruit in the U.S.
- The South Census Region includes 16 states and the District of Columbia.
- Urban areas account for the majority of cherry consumption.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price per pound of cherries 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 purchasing power, food price inflation, and the overall health of the agricultural sector in the southern U.S.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers and compiled by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other agencies to assess overall price dynamics and make informed policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule with minimal delays, providing timely information to analysts and policymakers.
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Citation
U.S. Federal Reserve, Average Price: Cherries (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300711418), retrieved from FRED.