Average Price: Potato Chips (Cost per 16 Ounces) in the South Census Region - Urban

APU0300718311 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

7.17

Year-over-Year Change

3.42%

Date Range

1/1/1980 - 6/1/2025

Summary

This economic trend measures the average price of potato chips in the South Census Region's urban areas, providing insights into consumer prices and 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

The Average Price: Potato Chips (Cost per 16 Ounces) in the South Census Region - Urban series tracks the retail price of this common household item. This data is useful for analyzing regional price dynamics and consumer behavior.

Methodology

The data is collected through surveys of retail establishments in the South Census Region's urban areas.

Historical Context

This price trend is relevant for policymakers, market analysts, and consumers interested in regional price variations and the cost of living.

Key Facts

  • Potato chips are a popular snack food in the United States.
  • The South Census Region encompasses 16 states, including Texas and Florida.
  • Urban areas typically have higher prices compared to rural areas.

FAQs

Q: What does this economic trend measure?

A: This trend measures the average retail price of potato chips sold in 16-ounce packages within the urban areas of the South Census Region.

Q: Why is this trend relevant for users or analysts?

A: This price trend is relevant for understanding consumer purchasing power, regional price variations, and the cost of living in the South Census Region's urban areas.

Q: How is this data collected or calculated?

A: The data is collected through surveys of retail establishments in the South Census Region's urban areas.

Q: How is this trend used in economic policy?

A: Policymakers and market analysts use this trend to assess regional price dynamics, inflation, and consumer behavior, which can inform economic policies and business strategies.

Q: Are there update delays or limitations?

A: There may be lags in data reporting, and the trend may not capture all price variations within the South Census Region's urban areas.

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Citation

U.S. Federal Reserve, Average Price: Potato Chips (Cost per 16 Ounces) in the South Census Region - Urban (APU0300718311), retrieved from FRED.