Average Price: Strawberries, Dry Pint (Cost per 12 Ounces/340.2 Grams) in the West Census Region - Urban
APU0400711415 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.79
Year-over-Year Change
6.83%
Date Range
4/1/1980 - 4/1/2022
Summary
This economic trend measures the average retail price of strawberries sold in dry pint containers (12 oz/340.2 g) in the West Census Region of the United States. It provides insights into food price dynamics and consumer behavior in the fresh produce market.
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: Strawberries, Dry Pint (Cost per 12 Ounces/340.2 Grams) in the West Census Region - Urban trend represents the average cost paid by urban consumers in the West for fresh strawberries sold in standard dry pint packaging. This metric is used to analyze changes in fresh fruit prices and consumer purchasing patterns.
Methodology
The data is collected through surveys of retail establishments in the West Census Region.
Historical Context
This economic indicator is relevant for policymakers, economists, and food industry analysts studying consumer trends and inflation in the fresh produce market.
Key Facts
- Strawberries are a popular fresh fruit item.
- The West region accounts for a significant share of U.S. strawberry production.
- Packaging size and regional differences can impact average retail prices.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of fresh strawberries sold in standard dry pint containers (12 oz/340.2 g) to urban consumers in the West Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into consumer purchasing behavior and price dynamics in the fresh produce market, which is crucial for economic analysis and policy decisions.
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 used by policymakers, economists, and industry analysts to monitor inflation, consumer spending, and market conditions in the fresh produce sector.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the trend only represents urban consumers in the West Census Region.
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Citation
U.S. Federal Reserve, Average Price: Strawberries, Dry Pint (Cost per 12 Ounces/340.2 Grams) in the West Census Region - Urban (APU0400711415), retrieved from FRED.