Average Price: Tomatoes, Field Grown (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300712311 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.80
Year-over-Year Change
1.07%
Date Range
1/1/1980 - 6/1/2025
Summary
This economic trend measures the average price of field-grown tomatoes per pound in the South Census Region's urban areas. It provides insights into the supply and demand dynamics of 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: Tomatoes, Field Grown (Cost per Pound/453.6 Grams) in the South Census Region - Urban trend tracks the retail prices of fresh tomatoes grown in the field and sold in urban markets across the southern United States. This data is used by economists and policymakers to monitor food price inflation and assess the health of the regional agricultural sector.
Methodology
The data is collected through surveys of retailers in the South Census Region's urban areas.
Historical Context
This trend is a key input for analyzing consumer price changes and informing agricultural and trade policies.
Key Facts
- Tomatoes are a major vegetable crop in the southern United States.
- Urban consumers account for a significant portion of tomato sales.
- Prices can fluctuate based on weather, transportation, and other factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of field-grown tomatoes sold per pound in urban areas of the South Census Region.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the supply and demand dynamics of a key agricultural commodity, which is useful for monitoring food price inflation and assessing the health of the regional agricultural sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retailers in the South Census Region's urban areas.
Q: How is this trend used in economic policy?
A: This trend is a key input for analyzing consumer price changes and informing agricultural and trade policies.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule, but there may be lags in reporting or limitations in geographic coverage.
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Citation
U.S. Federal Reserve, Average Price: Tomatoes, Field Grown (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300712311), retrieved from FRED.