Consumer Price Index for All Urban Consumers: New Cars and Trucks in South
Monthly
CUUR0300SS4501A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.70
Year-over-Year Change
12.51%
Date Range
12/1/1997 - 3/1/2022
Summary
The Consumer Price Index for All Urban Consumers: All Items in South Urban, a key measure of inflation, tracks changes in the prices paid by urban consumers for a representative basket of goods and services.
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 CPI-U South is one of the major regional price indexes published by the U.S. Bureau of Labor Statistics. It is used to assess cost-of-living changes and inform monetary policy decisions by the Federal Reserve.
Methodology
The CPI-U South data is collected through surveys of households and businesses in the southern United States.
Historical Context
Policymakers and analysts closely monitor the CPI-U South to gauge inflationary pressures and consumer spending trends in the southern region.
Key Facts
- The CPI-U South has a base period of 1982-84=100.
- It covers approximately 31% of the total U.S. population.
- The CPI-U South is published monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The CPI-U South measures the changes in prices paid by urban consumers in the southern United States for a basket of consumer goods and services.
Q: Why is this trend relevant for users or analysts?
A: The CPI-U South is a key indicator of inflation in the southern region, which is important for policymakers, businesses, and consumers to understand regional cost-of-living dynamics.
Q: How is this data collected or calculated?
A: The CPI-U South data is collected through surveys of households and businesses in the southern United States by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The CPI-U South is used by the Federal Reserve and other policymakers to assess regional inflationary pressures and inform monetary policy decisions that affect the broader U.S. economy.
Q: Are there update delays or limitations?
A: The CPI-U South data is published monthly by the U.S. Bureau of Labor Statistics with a typical release lag of about two weeks after the reference month.
Related Trends
Consumer Price Index for All Urban Consumers: Durables in South
CUUR0300SAD
Consumer Price Index for All Urban Consumers: New Vehicles in South
CUUR0300SETA01
Consumer Price Index for All Urban Consumers: Nondurables in South
CUUS0300SAN
Consumer Price Index for All Urban Consumers: Other Goods in South
CUUS0300SAGC
Consumer Price Index for All Urban Consumers: Nondurables Less Food in South
CUUR0300SANL1
Consumer Price Index for All Urban Consumers: Housing in South
CUUR0300SAH
Citation
U.S. Bureau of Labor Statistics, Consumer Price Index for All Urban Consumers: All Items in South Urban (CUUR0300SS4501A), retrieved from FRED.