Average Price: Chicken, Fresh, Whole (Cost per Pound/453.6 Grams) in the West Census Region - Urban
This dataset tracks average price: chicken, fresh, whole (cost per pound/453.6 grams) in the west census region - urban over time.
Latest Value
2.23
Year-over-Year Change
-2.27%
Date Range
1/1/1980 - 6/1/2025
Summary
This economic trend measures the average price per pound of fresh, whole chicken in the West Census Region of the United States, specifically in urban areas. It provides insights into the cost of a key consumer 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, Fresh, Whole (Cost per Pound/453.6 Grams) in the West Census Region - Urban is a key metric used by economists and policymakers to track changes in the cost of a staple food item. It can inform analyses of consumer spending, inflation, and regional market dynamics.
Methodology
The data is collected through surveys of retail establishments in the West Census Region.
Historical Context
This trend is closely monitored by both government agencies and private sector analysts to assess broader economic conditions and the state of consumer markets.
Key Facts
- Chicken is a dietary staple for many American households.
- The West Census Region encompasses 13 states, including California and Washington.
- Prices can vary significantly by region and urban/rural location.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price per pound of fresh, whole chicken in the West Census Region of the United States, specifically in urban areas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the cost of a key consumer food item, which can inform analyses of consumer spending, inflation, and regional market dynamics.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the West Census Region.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by both government agencies and private sector analysts to assess broader economic conditions and the state of consumer markets.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of government statistical surveys.
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Citation
U.S. Federal Reserve, Average Price: Chicken, Fresh, Whole (Cost per Pound/453.6 Grams) in the West Census Region - Urban (APU0400706111), retrieved from FRED.