Average Price: Margarine, Stick (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200716114 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.05
Year-over-Year Change
15.70%
Date Range
1/1/1984 - 10/1/2007
Summary
This economic trend measures the average price of margarine sold in stick form per pound in the Midwest Census Region's urban areas. It provides insights into consumer purchasing behavior and inflationary pressures for this common household product.
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 Margarine, Stick (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban trend tracks the average retail price of this commodity across the Midwest's urban markets. It is a key indicator of consumer price dynamics and can inform economic analysis and policymaking.
Methodology
The data is collected through surveys of retail establishments in the Midwest region.
Historical Context
This price trend is monitored by economists, policymakers, and market analysts to assess changes in consumer spending and inflationary pressures.
Key Facts
- Margarine is a common household substitute for butter.
- Prices are tracked in the Midwest Census Region, which includes 12 states.
- Data is collected monthly from urban retail establishments.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of margarine sold in stick form per pound in the Midwest Census Region's urban areas.
Q: Why is this trend relevant for users or analysts?
A: This price trend provides insights into consumer purchasing behavior and inflationary pressures for a common household product, which is useful for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the Midwest region.
Q: How is this trend used in economic policy?
A: This price trend is monitored by economists, policymakers, and market analysts to assess changes in consumer spending and inflationary pressures.
Q: Are there update delays or limitations?
A: The data is collected and published monthly, with minimal delays, providing timely insights into this economic indicator.
Similar APU Trends
Average Price: Utility (Piped) Gas - 40 Therms in Buffalo-Niagara Falls, NY (CBSA)
APUA10572601
Global price of Coal, Australia
PCOALAUUSDM
Average Price: Utility (Piped) Gas per Therm in Scranton, PA (CBSA)
APUA10672620
Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Dallas-Fort Worth-Arlington, TX (CBSA)
APUS37A7471A
Average Price: Chops, Boneless (Cost per Pound/453.6 Grams) in the Northeast Census Region - Urban
APU0100704212
Average Price: Gasoline, All Types (Cost per Gallon/3.785 Liters) in Tampa-St. Petersburg-Clearwater, FL (CBSA)
APUS35D7471A
Citation
U.S. Federal Reserve, Average Price: Margarine, Stick (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban (APU0200716114), retrieved from FRED.