Average Price: Margarine, Stick (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300716114 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.27
Year-over-Year Change
4.87%
Date Range
1/1/1984 - 4/1/2012
Summary
This economic trend measures the average price of margarine, sold in stick form, per pound (453.6 grams) in the urban areas of the South Census Region. It provides insight into consumer prices and purchasing patterns 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 Average Price: Margarine, Stick (Cost per Pound/453.6 Grams) in the South Census Region - Urban is a key data point that economists and policymakers use to track regional consumer price dynamics. It represents the typical retail cost for this packaged food item across a defined geographic area.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This price trend is utilized to monitor inflation, consumer behavior, and regional economic conditions.
Key Facts
- Margarine is a common butter substitute product.
- The South Census Region includes 16 U.S. states.
- Prices are reported in U.S. dollars per pound.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of margarine sold in stick form, per pound (453.6 grams), in the urban areas of the South Census Region.
Q: Why is this trend relevant for users or analysts?
A: This price data provides insights into consumer purchasing and regional economic conditions, which is useful for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This price trend is utilized to monitor inflation, consumer behavior, and regional economic conditions, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the collection and reporting schedules of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Average Price: Margarine, Stick (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300716114), retrieved from FRED.