Average Price: All Soft Drinks, 12 Pk, 12 Ounce, Cans (Cost per 12 Ounces/354.9 Milliliters) in the Northeast Census Region - Urban
This dataset tracks average price: all soft drinks, 12 pk, 12 ounce, cans (cost per 12 ounces/354.9 milliliters) in the northeast census region - urban over time.
Latest Value
0.61
Year-over-Year Change
60.10%
Date Range
4/1/2018 - 10/1/2024
Summary
This economic trend measures the average price of all soft drinks sold in 12-pack, 12-ounce cans in the Northeast Census Region's urban areas. It provides insights into consumer prices and spending in a key U.S. geographic market.
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: All Soft Drinks, 12 Pk, 12 Ounce, Cans (Cost per 12 Ounces/354.9 Milliliters) in the Northeast Census Region - Urban series tracks the typical retail price consumers pay for these common household beverages. This metric is used by economists and policymakers to analyze consumer purchasing patterns and inflationary pressures.
Methodology
The data is collected through surveys of retail establishments in the Northeast Census Region.
Historical Context
This price trend is relevant for understanding consumer spending and market dynamics in the soft drink industry.
Key Facts
- Soft drink prices are tracked across major U.S. regions.
- The Northeast region represents a significant consumer market.
- Price data is collected through surveys of retail establishments.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of all soft drinks sold in 12-pack, 12-ounce cans in the Northeast Census Region's urban areas.
Q: Why is this trend relevant for users or analysts?
A: This price metric provides insights into consumer spending patterns and inflationary pressures in a key U.S. geographic market for the soft drink industry.
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: This price trend is relevant for understanding consumer market dynamics and can inform policymakers' assessments of regional economic conditions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric only covers the Northeast Census Region's urban areas.
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Citation
U.S. Federal Reserve, Average Price: All Soft Drinks, 12 Pk, 12 Ounce, Cans (Cost per 12 Ounces/354.9 Milliliters) in the Northeast Census Region - Urban (APU0100FN1102), retrieved from FRED.