Average Price: Cabbage (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300712401 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.69
Year-over-Year Change
24.68%
Date Range
1/1/1980 - 9/1/2008
Summary
This trend measures the average price per pound of cabbage in the South Census Region's urban areas. It provides insights into consumer food prices and regional market conditions.
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: Cabbage (Cost per Pound/453.6 Grams) in the South Census Region - Urban is a key economic indicator that tracks the retail price of one of the most widely consumed vegetables in the United States. It is used by economists, policymakers, and market analysts to monitor inflation, consumer spending, and regional food supply dynamics.
Methodology
The data is collected through surveys of urban retailers in the South Census Region by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the state of consumer food markets and can inform policy decisions related to agriculture, trade, and regional economic development.
Key Facts
- Cabbage is a low-cost, nutrient-dense vegetable widely consumed in the United States.
- The South Census Region accounts for over a quarter of the U.S. population.
- Food prices can significantly impact household budgets and consumer spending patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price per pound of cabbage in urban areas of the South Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: The cabbage price trend provides insight into regional food inflation, consumer purchasing power, and agricultural market dynamics in the South.
Q: How is this data collected or calculated?
A: The data is collected through surveys of urban retailers in the South Census Region by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend can inform policies related to agriculture, trade, and regional economic development by providing insights into consumer food prices and market conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag. Limitations include coverage only for urban areas in the South Census Region.
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Citation
U.S. Federal Reserve, Average Price: Cabbage (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300712401), retrieved from FRED.