Average Price: Cupcakes, Chocolate (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300702411 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.11
Year-over-Year Change
1.25%
Date Range
1/1/1980 - 7/1/1985
Summary
This economic trend measures the average price of chocolate cupcakes per pound in the South Census Region's urban areas. It provides insights into consumer prices and trends in the baked goods 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: Cupcakes, Chocolate (Cost per Pound/453.6 Grams) in the South Census Region - Urban series tracks the average retail price of chocolate cupcakes sold in urban areas of the South Census Region. This data is used by economists and policymakers to monitor consumer price inflation and trends in the baked goods industry.
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 understanding consumer spending patterns and the state of the baked goods market.
Key Facts
- Chocolate cupcakes are a popular baked good in the South.
- Prices have risen steadily over the past decade.
- The South region accounts for a significant share of U.S. cupcake sales.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of chocolate cupcakes sold per pound in urban areas of the South Census Region.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into consumer price inflation and trends in the baked goods market, which is important for economists and policymakers.
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: This price trend is used to monitor consumer spending and the state of the baked goods industry, which is relevant for economic policymakers.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the survey-based methodology may not capture all price variations.
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Citation
U.S. Federal Reserve, Average Price: Cupcakes, Chocolate (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300702411), retrieved from FRED.