Average Price: Coffee, 100%, Ground Roast, 13.1-20 Ounce Can (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300717312 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.82
Year-over-Year Change
-3.26%
Date Range
1/1/1980 - 8/1/1988
Summary
This trend measures the average price of ground roast coffee in 13.1-20 ounce cans in the South Census Region's urban areas. It provides insights into consumer coffee purchasing patterns and price dynamics.
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, 100%, Ground Roast, 13.1-20 Ounce Can (Cost per Pound/453.6 Grams) in the South Census Region - Urban trend tracks the average retail price of this specific coffee product. It is a useful indicator for monitoring changes in consumer coffee prices and assessing regional market conditions.
Methodology
The data is collected through surveys of retail establishments in the South Census Region's urban areas.
Historical Context
This trend is closely watched by economists, policymakers, and the coffee industry to understand consumer demand and inflationary pressures.
Key Facts
- The data is reported on a monthly basis.
- Prices are given in cost per pound (453.6 grams).
- The South Census Region includes AL, AR, FL, GA, KY, LA, MS, NC, SC, TN, VA, WV.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of ground roast coffee sold in 13.1-20 ounce cans in the urban areas of the South Census Region.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into consumer coffee purchasing patterns and price dynamics within a key U.S. regional market, which is useful for economists, policymakers, and the coffee industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the South Census Region's urban areas.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists and policymakers to understand consumer demand and inflationary pressures in the coffee market.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, so there may be a short delay in availability compared to real-time market conditions.
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Citation
U.S. Federal Reserve, Average Price: Coffee, 100%, Ground Roast, 13.1-20 Ounce Can (Cost per Pound/453.6 Grams) in the South Census Region - Urban (APU0300717312), retrieved from FRED.