Consumer Price Index for All Urban Consumers: Music Instruments and Accessories in U.S. City Average
CUSR0000SERE03 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.62
Year-over-Year Change
3.36%
Date Range
1/1/2004 - 7/1/2025
Summary
The Consumer Price Index for All Urban Consumers: Music Instruments and Accessories in U.S. City Average tracks changes in the retail prices of musical instruments and accessories. This metric is a key indicator of inflation and consumer spending patterns within the music industry.
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
This price index measures the average change over time in the retail prices paid by urban consumers for a fixed market basket of music instruments and related products. It is used by economists and policymakers to assess cost-of-living changes and gauge consumer demand in the music equipment market.
Methodology
The data is collected through surveys of retail establishments.
Historical Context
This index provides insights into music industry trends that can inform economic and fiscal policies.
Key Facts
- The index has a base period of 1982-84=100.
- Prices are collected in 87 urban areas across the United States.
- The index is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This index measures the average change over time in the retail prices paid by urban consumers for a fixed market basket of music instruments and related products.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into inflation and consumer spending patterns within the music industry, which can inform economic and fiscal policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments.
Q: How is this trend used in economic policy?
A: This index is used by economists and policymakers to assess cost-of-living changes and gauge consumer demand in the music equipment market.
Q: Are there update delays or limitations?
A: The index is released monthly by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Consumer Price Index for All Urban Consumers: Music Instruments and Accessories in U.S. City Average (CUSR0000SERE03), retrieved from FRED.