Average Price: All Pork Chops (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300FD3101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.12
Year-over-Year Change
-3.52%
Date Range
1/1/1998 - 6/1/2025
Summary
This economic trend measures the average price of all pork chops per pound in the South Census Region's urban areas. It provides valuable insights into consumer prices and food costs for policymakers and economists.
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: All Pork Chops (Cost per Pound/453.6 Grams) in the South Census Region - Urban is a key indicator of food price trends. It represents the average retail price paid by urban consumers for pork chops in the Southern United States.
Methodology
The data is collected through surveys of retail establishments and households in the South Census Region.
Historical Context
This trend is widely used to analyze consumer spending, inflation, and the state of the pork industry.
Key Facts
- Pork chops are a popular protein source for American families.
- The South Census Region accounts for a significant portion of U.S. pork consumption.
- Tracking pork prices helps economists monitor inflation and consumer purchasing power.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price paid by urban consumers for pork chops in the Southern United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into consumer food prices and spending patterns, which are crucial for policymakers and economists analyzing inflation, consumer behavior, and the health of the pork industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and households in the South Census Region.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, market analysts, and economists to monitor consumer spending, assess inflationary pressures, and understand the dynamics of the pork industry.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, but there may be occasional delays or revisions due to the survey-based collection methodology.
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Citation
U.S. Federal Reserve, Average Price: All Pork Chops (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300FD3101), retrieved from FRED.