Average Price: Coffee, Freeze Dried, Regular, All Sizes (Cost per 16 Ounces/453.6 Grams) in the Midwest Census Region - Urban
APU0200717325 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.24
Year-over-Year Change
23.69%
Date Range
1/1/1984 - 12/1/1986
Summary
This economic trend measures the average price of freeze-dried, regular coffee in the Midwest Census Region's urban areas, providing insights into consumer spending and 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: Coffee, Freeze Dried, Regular, All Sizes (Cost per 16 Ounces/453.6 Grams) in the Midwest Census Region - Urban trend tracks the retail price of a common household commodity, offering valuable data for analyzing consumer behavior and inflationary pressures.
Methodology
The data is collected through surveys of retail establishments in the Midwest region.
Historical Context
This metric is used by economists, policymakers, and market analysts to understand consumer spending patterns and inflationary trends.
Key Facts
- Coffee is a widely consumed commodity in the United States.
- Freeze-dried coffee is a popular format for home and office use.
- The Midwest region represents a significant market for consumer goods.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of freeze-dried, regular coffee in the Midwest Census Region's urban areas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into consumer spending patterns and inflationary pressures, which are crucial 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: Economists, policymakers, and market analysts use this metric to understand consumer behavior and inflationary trends, which inform economic policies and business strategies.
Q: Are there update delays or limitations?
A: The data is published regularly, but there may be occasional delays in reporting due to the survey-based data collection process.
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Citation
U.S. Federal Reserve, Average Price: Coffee, Freeze Dried, Regular, All Sizes (Cost per 16 Ounces/453.6 Grams) in the Midwest Census Region - Urban (APU0200717325), retrieved from FRED.