Average Price: Cola, Nondiet (Cost per 2 Liters/67.6 Ounces) in U.S. City Average
APU0000717114 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.31
Year-over-Year Change
-0.68%
Date Range
7/1/1995 - 5/1/2009
Summary
This trend measures the average price of nondiet cola in the U.S. city average, providing insights into consumer pricing and household 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 Average Price: Cola, Nondiet (Cost per 2 Liters/67.6 Ounces) in U.S. City Average is an economic indicator that tracks the typical retail price of a popular carbonated beverage. This metric is used by economists and policymakers to analyze consumer behavior and the overall cost of living.
Methodology
The data is collected through surveys of retail establishments across the United States.
Historical Context
Trends in nondiet cola prices can inform decisions around monetary and fiscal policy.
Key Facts
- Nondiet cola is a commonly purchased household item.
- Prices can fluctuate due to changes in production costs and market competition.
- Monitoring cola prices provides insights into broader consumer trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of nondiet cola in the United States, providing insights into consumer spending and pricing dynamics.
Q: Why is this trend relevant for users or analysts?
A: Tracking the price of a commonly purchased household item like nondiet cola can inform decisions around monetary policy, consumer behavior, and the overall cost of living.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments across the United States.
Q: How is this trend used in economic policy?
A: Trends in nondiet cola prices can be used by economists and policymakers to analyze consumer spending patterns and inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some delays in reporting due to the survey-based methodology.
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Citation
U.S. Federal Reserve, Average Price: Cola, Nondiet (Cost per 2 Liters/67.6 Ounces) in U.S. City Average (APU0000717114), retrieved from FRED.