Average Price: Chicken Breast, Boneless (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400FF1101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.08
Year-over-Year Change
9.36%
Date Range
1/1/2006 - 6/1/2025
Summary
This economic trend measures the average price per pound of boneless chicken breasts in the West Census Region of the United States. It provides insight into a key component of consumer food costs and reflects broader trends in the poultry industry.
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 Breast, Boneless trend represents the average retail cost per pound of boneless, skinless chicken breasts in urban areas of the West Census Region. This metric is used by economists and policymakers to track changes in consumer food prices and assess broader inflation pressures.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is closely monitored by the Federal Reserve and other agencies to understand household spending patterns and guide monetary and fiscal policies.
Key Facts
- Chicken is a dietary staple for many American households.
- Boneless, skinless chicken breasts are a common and versatile protein source.
- Prices can fluctuate due to factors like feed costs, supply chain issues, and consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price per pound of boneless, skinless chicken breasts in urban areas of the West Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into a key component of consumer food costs and can be used to assess broader inflation pressures and household spending patterns.
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 economic indicator is closely monitored by the Federal Reserve and other agencies to understand household spending and guide monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of several weeks.
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Citation
U.S. Federal Reserve, Average Price: Chicken Breast, Boneless (Cost per Pound/453.6 Grams) in the West Census Region - Urban (APU0400FF1101), retrieved from FRED.