Average Price: Sugar, White, All Sizes (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100715211 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.65
Year-over-Year Change
-4.66%
Date Range
1/1/1980 - 10/1/2013
Summary
This economic trend measures the average retail price of white sugar in the Northeast Census Region of the United States. It provides insight into the cost of a common household commodity and can be used to analyze consumer 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: Sugar, White, All Sizes (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban is a monthly economic indicator that tracks the average price consumers pay for white sugar in urban areas of the Northeast. This metric is useful for understanding regional price dynamics and household budgets.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by economists, policymakers, and market analysts to monitor inflationary pressures and consumer behavior.
Key Facts
- White sugar is a common household staple.
- The Northeast region accounts for a significant share of U.S. population.
- Prices can fluctuate due to factors like supply, demand, and trade policies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of white sugar per pound in urban areas of the Northeast Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the cost of a common household item, which is useful for understanding consumer spending patterns and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and market analysts to monitor consumer prices and household budgets.
Q: Are there update delays or limitations?
A: The data is reported monthly, but there may be lags in data collection and publication.
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Citation
U.S. Federal Reserve, Average Price: Sugar, White, All Sizes (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100715211), retrieved from FRED.