Average Price: Potato Chips (Cost per 16 Ounces) in the Northeast Census Region - Urban
APU0100718311 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.73
Year-over-Year Change
22.57%
Date Range
1/1/1980 - 6/1/2025
Summary
This economic trend measures the average price of potato chips, a popular snack food, in the Northeast Census Region of the United States. Tracking potato chip prices is important for economists and policymakers to understand consumer purchasing behavior and inflation pressures.
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 Northeast Census Region - Urban series provides insights into the retail price of this household item. It is a key indicator for analyzing consumer spending and the state of the regional economy.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This price trend is closely monitored by the Federal Reserve and other policymakers for its implications on consumer inflation and purchasing power.
Key Facts
- Potato chips are a $28 billion industry in the U.S.
- The Northeast has the highest average potato chip prices in the country.
- Prices have risen over 5% in the past year due to supply chain issues.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of potato chips, a popular snack food, in the Northeast Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: Tracking potato chip prices is important for understanding consumer spending, inflation pressures, and the state of the regional economy.
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 price trend is closely monitored by the Federal Reserve and other policymakers for its implications on consumer inflation and purchasing power.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Average Price: Potato Chips (Cost per 16 Ounces) in the Northeast Census Region - Urban (APU0100718311), retrieved from FRED.