Average Price: Hard Candy, Solid (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100715111 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.02
Year-over-Year Change
6.20%
Date Range
1/1/1980 - 4/1/1985
Summary
This economic trend measures the average price of hard candy in the Northeast Census Region's urban areas, providing insights into consumer prices and inflation.
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: Hard Candy, Solid (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban trend tracks the typical retail price of this confectionery item. It is a valuable indicator for economists and policymakers assessing consumer behavior and price dynamics.
Methodology
The data is collected through surveys of retail establishments in the Northeast Census Region's urban areas.
Historical Context
This price trend is used to inform policy decisions and analyze market conditions.
Key Facts
- Hard candy prices in the Northeast urban areas are tracked.
- Prices are reported in cost per pound (453.6 grams).
- Data is collected through surveys of regional retail establishments.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of hard candy sold in urban areas of the Northeast Census Region.
Q: Why is this trend relevant for users or analysts?
A: This price trend provides valuable insights into consumer behavior and inflation dynamics for a common household item.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the Northeast Census Region's urban areas.
Q: How is this trend used in economic policy?
A: This price trend is used by economists and policymakers to monitor consumer prices and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the collection and reporting schedule of the source agency.
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Citation
U.S. Federal Reserve, Average Price: Hard Candy, Solid (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100715111), retrieved from FRED.