Average Price: Pears, Anjou (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400711413 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.66
Year-over-Year Change
7.62%
Date Range
1/1/1980 - 3/1/1990
Summary
This economic trend measures the average price per pound of Anjou pears in the West Census Region of the United States. It provides insight into consumer prices and regional price dynamics for this key agricultural commodity.
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 Anjou pear price index tracks the cost per pound of this popular pear variety in urban areas across the West Census Region. This metric is used by economists, policymakers, and industry analysts to understand trends in produce pricing, consumer demand, and regional price differences.
Methodology
The data is collected through surveys of grocery stores and other retailers in the West Census Region.
Historical Context
Pear prices are an important indicator for agricultural and food policy discussions.
Key Facts
- Anjou pears are a popular green-skinned, sweet pear variety.
- The West Census Region includes 13 states from the Pacific Coast to the Rocky Mountains.
- Pear prices can be influenced by factors like weather, crop yields, and transportation costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price per pound of Anjou pears in urban areas of the West Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: Pear prices are an important indicator for understanding agricultural commodity markets, consumer spending patterns, and regional price dynamics.
Q: How is this data collected or calculated?
A: The data is collected through surveys of grocery stores and other retailers in the West Census Region.
Q: How is this trend used in economic policy?
A: Pear prices are tracked by economists, policymakers, and industry analysts to inform agricultural, food, and consumer policy decisions.
Q: Are there update delays or limitations?
A: The data may have a lag of several weeks to months between the reference period and public release.
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Citation
U.S. Federal Reserve, Average Price: Pears, Anjou (Cost per Pound/453.6 Grams) in the West Census Region - Urban (APU0400711413), retrieved from FRED.