Average Price: Cola, Nondiet, Cans, 72 Ounce 6 Pack (Cost per 16 Ounces/473.2 Milliliters) in the South Census Region - Urban
APU0300717113 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.37
Year-over-Year Change
-5.64%
Date Range
8/1/1980 - 7/1/1988
Summary
This economic trend measures the average price of a 72-ounce 6-pack of non-diet cola cans in the South Census Region's urban areas. It provides insights into consumer spending and price dynamics within the carbonated beverage 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: Cola, Nondiet, Cans, 72 Ounce 6 Pack (Cost per 16 Ounces/473.2 Milliliters) in the South Census Region - Urban is a key indicator of price levels for a commonly purchased consumer good. It is used by economists and policymakers to analyze inflation, consumer behavior, and regional price variations.
Methodology
The data is collected through surveys of retail establishments in the South Census Region's urban areas.
Historical Context
This trend is relevant for monitoring consumer price trends and informing economic policies that impact the carbonated beverage industry.
Key Facts
- The average price is reported per 16 ounces (473.2 milliliters).
- Prices are for a 72-ounce 6-pack of non-diet cola cans.
- Data is collected in the South Census Region's urban areas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of a 72-ounce 6-pack of non-diet cola cans in the urban areas of the South Census Region.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer spending and price dynamics within the carbonated beverage market, which is useful for economists and policymakers analyzing inflation, consumer behavior, and regional price variations.
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 trend is relevant for monitoring consumer price trends and informing economic policies that impact the carbonated beverage industry.
Q: Are there update delays or limitations?
A: The data is subject to the collection and reporting schedules of the U.S. Federal Reserve.
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Citation
U.S. Federal Reserve, Average Price: Cola, Nondiet, Cans, 72 Ounce 6 Pack (Cost per 16 Ounces/473.2 Milliliters) in the South Census Region - Urban (APU0300717113), retrieved from FRED.