Average Price: Margarine, Soft, Tubs (Cost per Pound/453.6 Grams) in the South Census Region - Urban
This dataset tracks average price: margarine, soft, tubs (cost per pound/453.6 grams) in the south census region - urban over time.
Latest Value
1.78
Year-over-Year Change
9.02%
Date Range
1/1/1984 - 3/1/2020
Summary
This economic trend measures the average price of margarine, soft tubs, per pound in the South Census Region of the United States. It provides insight into consumer prices and purchasing power in the southern region.
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, Soft, Tubs (Cost per Pound/453.6 Grams) in the South Census Region - Urban metric tracks the typical retail cost of this household item. This data point is used by economists and policymakers to analyze regional consumer trends and inflationary pressures.
Methodology
The data is collected through surveys of retail establishments in the South Census Region.
Historical Context
This price trend is relevant for assessing the state of the consumer economy and guiding fiscal and monetary policy decisions.
Key Facts
- Margarine is a common household staple.
- Prices can vary significantly by region.
- This data tracks urban consumers in the South.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of margarine sold in tub containers in the South Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This price data provides insight into consumer purchasing power and inflationary pressures in the southern region, which is valuable information for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the South Census Region.
Q: How is this trend used in economic policy?
A: This margarine price trend is used by the Federal Reserve and other institutions to assess the state of the consumer economy and guide fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the sample may not fully represent all urban consumers in the South.
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Citation
U.S. Federal Reserve, Average Price: Margarine, Soft, Tubs (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300716116), retrieved from FRED.