Average Price: Sugar, White, 33-80 Ounce Package (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
This dataset tracks average price: sugar, white, 33-80 ounce package (cost per pound/453.6 grams) in the northeast census region - urban over time.
Latest Value
0.46
Year-over-Year Change
4.59%
Date Range
1/1/1980 - 10/1/2001
Summary
This economic trend measures the average price of white sugar in 33-80 ounce packages in the Northeast Census Region of the United States. Understanding sugar prices is important for analyzing consumer spending and food 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: Sugar, White, 33-80 Ounce Package (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban metric tracks the average retail price of packaged white sugar in the Northeastern U.S. urban areas. This data point is used by economists and policymakers to assess trends in consumer food costs and broader inflationary pressures.
Methodology
The data is collected through surveys of retail establishments in the Northeast region.
Historical Context
Policymakers and market analysts closely monitor sugar and other food prices to gauge the state of consumer inflation.
Key Facts
- White sugar is a widely consumed household commodity.
- Prices are reported per pound (453.6 grams).
- The Northeast region includes 11 states.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of packaged white sugar in 33-80 ounce containers in the Northeastern United States.
Q: Why is this trend relevant for users or analysts?
A: Sugar prices are an important indicator of consumer food costs and broader inflationary pressures in the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the Northeast region.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts monitor sugar and other food prices to assess the state of consumer inflation.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay.
Related News
U.S. Home Sales Decline In August Due To High Prices
August 2023 U.S. Home Sales Decline Amid Rising Mortgage Rates and High Prices In August 2023, U.S. home sales experienced a notable decline, highlighting a distressing trend in the housing market. Homeownership is more costly these days. High home prices and soaring 30 year mortgage rates, combined with limited housing inventory, pose significant challenges for potential buyers and cast a shadow on economic recovery efforts. Many potential homebuyers find themselves increasingly priced out of
U.S. Trade Deficit Decreases As Businesses Anticipate Tariff Hikes
U.S. Trade Deficit Reaches Two-Year Low Amid Anticipated Tariff Hikes The recent announcement that the U.S. trade deficit has reached a two-year low signals significant developments for the national economy. This change may, in part, be influenced by the anticipation of tariff hikes, which are affecting trade patterns. As this event unfolds, it has implications for the U.S. GDP, underscoring the importance of reducing the trade deficit. Trade tensions have long shaped the global economic landsc
U.S. Natural Gas Storage Increases Due to Market Dynamics
Navigating Market Volatility: U.S. Natural Gas Storage Strategies and Trends Understanding the dynamics of the U.S. natural gas storage sector is crucial as it plays a central role in shaping the energy market. The storage of natural gas is not just about logistics; it represents a strategic resource ensuring energy availability and stability in times of fluctuating supply and demand. Market volatility affects the price and availability of natural gas, and by extension, decisions regarding its
U.S. Stocks Hit Records; Gold Surges, Bitcoin Declines
U.S. Stock Market Soars Amid Treasury Yield Concerns Despite ongoing global uncertainties, the U.S. stock market has defied expectations, setting unprecedented records this year. The surge of the stock indices reflects the market's buoyancy despite economic fluctuations. Major indicators like the Dow Jones, S&P 500, and Nasdaq have all reached new highs, signifying the resilience of equities in the current financial landscape. Meanwhile, gold prices have surged, reinforcing its status as a safe
U.S. Stocks Hit New Highs After Federal Reserve Meeting
S&P 500 Hits All-Time Highs Post-Federal Reserve Meeting The S&P 500 record high signifies a landmark achievement for the U.S. stock market, further amplified by recent financial developments. Following a pivotal Federal Reserve meeting, U.S. stocks hit new highs, with the S&P 500 performance, Dow Jones reaching new records, and Nasdaq soaring to a peak, collectively illustrating a robust market outlook. This surge reflects strong investor sentiment, with the Fed's policy announcements acting a
US economic growth slows amid rising inflation concerns
US Economic Growth Slows Amid Inflation and Rising Interest Rates The US economy, a crucial indicator of its global standing, is facing a slow growth trajectory. Recent data suggest that inflationary pressures and rising interest rates are the chief culprits in this deceleration. With the Consumer Price Index reflecting heightened inflation and the Federal Reserve adjusting interest rates, the interplay of these factors raises significant concerns for economic stability. These developments furt
Similar APU Trends
Average Price: All Ham (Excluding Canned Ham and Luncheon Slices) (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200FD2101
Average Price: All Ham (Excluding Canned Ham and Luncheon Slices) (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100FD2101
Average Price: All Ham (Excluding Canned Ham and Luncheon Slices) (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400FD2101
Average Price: All Ham (Excluding Canned Ham and Luncheon Slices) (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000FD2101
Average Price: All Other Pork (Excluding Canned Ham and Luncheon Slices) (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300FD4101
Average Price: All Other Pork (Excluding Canned Ham and Luncheon Slices) (Cost per Pound/453.6 Grams) in U.S. City Average
APU0000FD4101
Citation
U.S. Federal Reserve, Average Price: Sugar, White, 33-80 Ounce Package (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100715212), retrieved from FRED.