Average Price: Radishes (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300712408 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.91
Year-over-Year Change
-14.45%
Date Range
1/1/1980 - 2/1/1988
Summary
This economic trend measures the average retail price of radishes per pound in the urban areas of the South Census Region. It provides insights into the cost of this key vegetable for consumers and businesses in the region.
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: Radishes (Cost per Pound/453.6 Grams) in the South Census Region - Urban trend tracks the monthly average price paid by consumers for radishes in urban areas of the South Census Region. This data is used by economists and policymakers to monitor food price inflation and assess the cost of living in the region.
Methodology
The data is collected through surveys of retail establishments in the South Census Region.
Historical Context
This price trend is relevant for understanding consumer spending patterns and the state of regional food markets.
Key Facts
- Radishes are a common vegetable in the South.
- Prices can fluctuate with seasonal supply and demand.
- Urban consumers may pay different prices than rural areas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price paid by consumers for radishes, priced per pound, in the urban areas of the U.S. South Census Region.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into food price inflation and the cost of living for consumers in the South region, which is useful for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the South Census Region.
Q: How is this trend used in economic policy?
A: This price trend is used to monitor consumer spending patterns and the state of regional food markets, which can inform economic policies and business decisions.
Q: Are there update delays or limitations?
A: There may be some delay in data reporting, and the trend only covers urban areas in the South Census Region.
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Citation
U.S. Federal Reserve, Average Price: Radishes (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300712408), retrieved from FRED.