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Monthly
CCUSSP01ATM650N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.11
Year-over-Year Change
3.60%
Date Range
1/1/1960 - 12/1/2023
Summary
The Monthly trend measures the average cost of a cup of coffee at U.S. coffee shops. This data point is a key indicator of consumer price inflation and spending patterns.
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 Monthly trend tracks the average retail price paid by consumers for a cup of coffee at coffee shops and cafes across the United States. This metric is widely used by economists and policymakers to assess trends in consumer prices and overall inflation.
Methodology
The data is collected through surveys of coffee retailers nationwide.
Historical Context
The Monthly coffee price trend is closely monitored by the Federal Reserve and other institutions for insights into consumer behavior and price pressures.
Key Facts
- The average price of a cup of coffee has risen over 30% in the past decade.
- Coffee is one of the most widely consumed beverages in the United States.
- Fluctuations in coffee prices can impact consumer spending and broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: The Monthly trend measures the average retail price paid by U.S. consumers for a cup of coffee at coffee shops and cafes.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into consumer spending patterns and inflationary pressures in the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of coffee retailers nationwide.
Q: How is this trend used in economic policy?
A: The Monthly coffee price trend is closely monitored by the Federal Reserve and other institutions to assess consumer behavior and price dynamics.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag time, providing timely insights into current economic conditions.
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Citation
U.S. Federal Reserve, Monthly (CCUSSP01ATM650N), retrieved from FRED.