Average Price: Cola, Non-Diet, Return Bottles, 6 or 8 Pack (Cost per 16 Ounces/473.2 Milliliters) in the Midwest Census Region - Urban
APU0200717111 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.26
Year-over-Year Change
-3.40%
Date Range
1/1/1980 - 8/1/1986
Summary
This economic trend measures the average price of non-diet cola sold in returnable bottles, in 6 or 8 packs, per 16 ounces, in the Midwest Census Region's urban areas. It provides insight into consumer price dynamics for a common household beverage 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: Cola, Non-Diet, Return Bottles, 6 or 8 Pack (Cost per 16 Ounces/473.2 Milliliters) in the Midwest Census Region - Urban series tracks the retail pricing of a specific carbonated soft drink product. This data point is used by economists and policymakers to analyze consumer spending patterns and inflationary pressures in a key regional market.
Methodology
The data is collected through surveys of retail establishments in the Midwest region.
Historical Context
This price trend is relevant for understanding consumer behavior and the broader non-alcoholic beverage industry.
Key Facts
- The Midwest region includes 12 states.
- Non-diet cola is a popular household item.
- Returnable bottles are common in the beverage industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of non-diet cola sold in returnable 6 or 8 packs, per 16 ounces, in urban areas of the Midwest Census Region.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into consumer spending patterns and inflationary pressures for a common household beverage 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 Midwest region.
Q: How is this trend used in economic policy?
A: This price trend is relevant for understanding consumer behavior and the broader non-alcoholic beverage industry, which is an important part of the economy.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of retail surveys in the Midwest region.
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Citation
U.S. Federal Reserve, Average Price: Cola, Non-Diet, Return Bottles, 6 or 8 Pack (Cost per 16 Ounces/473.2 Milliliters) in the Midwest Census Region - Urban (APU0200717111), retrieved from FRED.