Average Price: Coffee, Freeze Dried, Plain, 3.1-9 Ounces (Cost per 16 Ounces/453.6 Grams) in the West Census Region - Urban
APU0400717413 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
-6.52%
Date Range
1/1/1980 - 12/1/1981
Summary
This economic trend measures the average price of freeze-dried, plain coffee in the 3.1-9 ounce size range for urban consumers in the West Census Region. It provides insight into consumer coffee purchasing patterns and price dynamics.
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, Plain, 3.1-9 Ounces (Cost per 16 Ounces/453.6 Grams) in the West Census Region - Urban data series tracks the cost per 16 ounces of this specific coffee product over time. It is a key indicator of price changes for this consumer packaged good.
Methodology
The U.S. Bureau of Labor Statistics collects this price data through consumer surveys and retailer reporting.
Historical Context
This trend is used by economists and policymakers to monitor consumer spending and inflation in the coffee and packaged foods markets.
Key Facts
- Coffee is a major consumer good in the U.S.
- Freeze-dried coffee accounts for a significant market share.
- The West region has unique consumer preferences and price dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of freeze-dried, plain coffee in the 3.1-9 ounce size range for urban consumers in the West Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insight into consumer spending patterns and price changes for a key packaged food item, which is useful for economists, market analysts, and policymakers.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this price data through consumer surveys and retailer reporting.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to monitor consumer spending, inflation, and market dynamics in the coffee and packaged foods sectors.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series may not capture all regional or product variations in the coffee market.
Similar APU Trends
Average Price: Fuel Oil #2 per Gallon (3.785 Liters) in Washington, DC-MD-VA (CBSA)
APUA31572511
Average Price: American Processed Cheese (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000710211
Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in the West Census Region - Urban
APU04007471A
Global price of APSP crude oil
POILAPSPUSDM
Average Price: Grapes, Thompson Seedless (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000711417
PADD I (East Coast District) All Grades All Formulations Gas Price
GASALLECW
Citation
U.S. Bureau of Labor Statistics, Average Price: Coffee, Freeze Dried, Plain, 3.1-9 Ounces (Cost per 16 Ounces/453.6 Grams) in the West Census Region - Urban (APU0400717413), retrieved from FRED.