Average Price: Sugar, White, 33-80 Ounce Package (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300715212 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.54
Year-over-Year Change
-23.31%
Date Range
1/1/1980 - 9/1/2019
Summary
This economic trend measures the average price of white sugar packaged in 33-80 ounce containers in the South Census Region of the United States. It provides insight into consumer prices for a common household commodity.
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: Sugar, White, 33-80 Ounce Package (Cost per Pound/453.6 Grams) in the South Census Region - Urban is a key indicator of retail sugar prices for urban consumers in the southern United States. This data series is used by economists and policymakers to analyze trends in food costs and consumer purchasing power.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This price trend is relevant for assessing the overall state of the consumer economy and informing policy decisions that impact household budgets.
Key Facts
- Sugar is a common household staple.
- Prices are tracked for 33-80 ounce packages.
- The data covers the southern U.S. Census region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of white sugar packaged in 33-80 ounce containers in the southern United States.
Q: Why is this trend relevant for users or analysts?
A: This price data provides important insights into consumer food costs and purchasing power, which are key factors in assessing the overall state of the economy.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to monitor inflation, understand consumer behavior, and inform decisions that impact household budgets.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Average Price: Sugar, White, 33-80 Ounce Package (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300715212), retrieved from FRED.