Average Price: Chicken Breast, Boneless (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300FF1101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.72
Year-over-Year Change
1.45%
Date Range
1/1/2006 - 6/1/2025
Summary
This economic trend measures the average price per pound of boneless chicken breast in the South Census Region's urban areas. It provides insight into consumer price dynamics for a key food item.
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: Chicken Breast, Boneless (Cost per Pound/453.6 Grams) in the South Census Region - Urban tracks the typical retail price of this common household grocery item. It helps economists and policymakers assess regional cost-of-living pressures and food price inflation.
Methodology
The data is collected through surveys of retail establishments in the South Census Region's urban areas.
Historical Context
This price index is used to monitor consumer spending and guide economic and monetary policy decisions.
Key Facts
- Chicken is a dietary staple for many American households.
- The South Census Region encompasses 16 states and Washington D.C.
- Urban areas typically have higher prices than rural areas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price per pound of boneless, skinless chicken breast in urban areas of the South Census Region.
Q: Why is this trend relevant for users or analysts?
A: This price index provides insight into food cost inflation and consumer purchasing power in a key geographic region and market segment.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the South Census Region's urban areas.
Q: How is this trend used in economic policy?
A: This price index informs consumer spending analysis and helps guide economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the index only covers urban areas in the South Census Region.
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Citation
U.S. Federal Reserve, Average Price: Chicken Breast, Boneless (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300FF1101), retrieved from FRED.