Average Price: Lemons (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400711412 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.74
Year-over-Year Change
-7.36%
Date Range
1/1/1980 - 6/1/2025
Summary
This economic trend measures the average price of lemons per pound in the West Census Region of the United States, focusing on urban areas. It provides valuable insights into the pricing dynamics of this common produce 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: Lemons (Cost per Pound/453.6 Grams) in the West Census Region - Urban is a data series that tracks the average retail price of lemons in the western region of the U.S., specifically in urban areas. This metric is closely monitored by economists, policymakers, and businesses to understand consumer price trends and inform decision-making.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is widely used to assess inflationary pressures and consumer spending patterns in the produce market.
Key Facts
- Lemons are a popular citrus fruit used in cooking, baking, and beverages.
- The West Census Region includes 13 states, including California and Washington.
- Lemon prices can be influenced by factors such as weather, supply chain disruptions, and consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of lemons per pound in the West Census Region of the United States, focusing specifically on urban areas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the pricing dynamics of lemons, a commonly used produce item, which can help inform consumer behavior, business strategies, and economic policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and businesses to assess inflationary pressures and consumer spending patterns in the produce market, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is regularly updated by the U.S. Bureau of Labor Statistics, but there may be occasional delays or limitations in data collection and reporting.
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Citation
U.S. Federal Reserve, Average Price: Lemons (Cost per Pound/453.6 Grams) in the West Census Region - Urban (APU0400711412), retrieved from FRED.