Average Price: Coffee, Freeze Dried, Regular, All Sizes (Cost per 16 Ounces/453.6 Grams) in the South Census Region - Urban
APU0300717325 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.54
Year-over-Year Change
-4.22%
Date Range
1/1/1987 - 3/1/1988
Summary
This economic trend measures the average price of freeze-dried regular coffee in the South Census Region's urban areas. It provides insights into consumer price dynamics and is a key indicator for economists and policymakers monitoring inflation.
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: Coffee, Freeze Dried, Regular, All Sizes (Cost per 16 Ounces/453.6 Grams) in the South Census Region - Urban tracks the retail price of a common household item. This data is used to understand consumer purchasing power and inflationary pressures in the South region.
Methodology
The data is collected through surveys of retail establishments in the South Census Region's urban areas.
Historical Context
This price trend is closely watched by the Federal Reserve and other policymakers for its implications on consumer spending and inflation.
Key Facts
- The South Census Region includes Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia.
- Freeze-dried coffee accounts for a significant portion of at-home coffee consumption in the U.S.
- The South Census Region is the largest by population among the four U.S. Census regions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of freeze-dried regular coffee in the South Census Region's urban areas.
Q: Why is this trend relevant for users or analysts?
A: This price trend provides insights into consumer purchasing power and inflationary pressures in the South region, which is crucial information 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 closely monitored by the Federal Reserve and other policymakers to assess consumer spending and inflation in the region.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, and it represents average prices across the South Census Region's urban areas.
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Citation
U.S. Federal Reserve, Average Price: Coffee, Freeze Dried, Regular, All Sizes (Cost per 16 Ounces/453.6 Grams) in the South Census Region - Urban (APU0300717325), retrieved from FRED.