Average Price: Coffee, 100%, Ground Roast, 13.1-20 Ounce Can (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100717312 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.84
Year-over-Year Change
0.07%
Date Range
1/1/1980 - 10/1/1988
Summary
This economic trend measures the average price of ground roast coffee in the Northeast Census Region's urban areas. It provides insights into consumer prices and inflation for a commonly purchased household item.
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: Coffee, 100%, Ground Roast, 13.1-20 Ounce Can (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban trend tracks the average retail price paid by consumers for this coffee product. It is a key indicator of price movements and consumer purchasing power in a specific regional market.
Methodology
The data is collected through surveys of retail establishments in the Northeast Census Region.
Historical Context
This coffee price trend is used by economists and policymakers to monitor inflationary pressures and consumer behavior.
Key Facts
- Coffee is a widely consumed household good.
- The Northeast region has a large urban population.
- Prices vary by location and product specifications.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of ground roast coffee in 13.1-20 ounce cans in the urban areas of the Northeast Census Region.
Q: Why is this trend relevant for users or analysts?
A: This coffee price trend provides insights into consumer purchasing power and inflationary pressures for a commonly bought household item in a key regional market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the Northeast Census Region.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this coffee price trend to monitor consumer behavior and inflationary pressures in the Northeast urban market.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedules and limitations of the U.S. Federal Reserve's consumer price survey program.
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Citation
U.S. Federal Reserve, Average Price: Coffee, 100%, Ground Roast, 13.1-20 Ounce Can (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban (APU0100717312), retrieved from FRED.