Average Price: All Pork Chops (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400FD3101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.24
Year-over-Year Change
-12.02%
Date Range
1/1/1998 - 6/1/2025
Summary
The Average Price: All Pork Chops (Cost per Pound/453.6 Grams) in the West Census Region - Urban measures the average retail price of pork chops in the western United States. This data is a key indicator of food price trends and consumer purchasing power.
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
This economic series tracks the average price per pound of all pork chops sold in urban areas of the West Census Region. It is used by economists, policymakers, and market analysts to monitor inflation, consumer spending, and agricultural supply and demand.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Pork chop prices are a component of the Consumer Price Index, which informs federal monetary and fiscal policies.
Key Facts
- Pork chops are a common protein source in American diets.
- Prices vary by region due to factors like supply, demand, and transportation costs.
- The West Census Region includes Alaska, California, Hawaii, Oregon, and Washington.
FAQs
Q: What does this economic trend measure?
A: This series measures the average retail price of all pork chops sold per pound in urban areas of the West Census Region.
Q: Why is this trend relevant for users or analysts?
A: Pork chop prices are an important indicator of food inflation and consumer purchasing power, which inform economic policies and market decisions.
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: Pork chop prices are a component of the Consumer Price Index, which is a key metric used by the Federal Reserve and other policymakers to monitor and guide economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two weeks.
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Citation
U.S. Federal Reserve, Average Price: All Pork Chops (Cost per Pound/453.6 Grams) in the West Census Region - Urban (APU0400FD3101), retrieved from FRED.