Average Price: All Soft Drinks, 12 Pk, 12 Ounce, Cans (Cost per 12 Ounces/354.9 Milliliters) in the South Census Region - Urban
This dataset tracks average price: all soft drinks, 12 pk, 12 ounce, cans (cost per 12 ounces/354.9 milliliters) in the south census region - urban over time.
Latest Value
0.53
Year-over-Year Change
-2.93%
Date Range
4/1/2018 - 6/1/2025
Summary
This economic trend measures the average price of all soft drinks in 12-pack, 12-ounce cans in the South Census Region's urban areas. It provides insights into consumer price dynamics for a key 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: All Soft Drinks, 12 Pk, 12 Ounce, Cans (Cost per 12 Ounces/354.9 Milliliters) in the South Census Region - Urban series tracks the average retail price for a standard soft drink packaging configuration. This metric is used by economists and policymakers to monitor consumer spending and inflation.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This price trend is closely watched as an indicator of consumer demand and purchasing power.
Key Facts
- Soft drinks are a major household purchase.
- Prices vary by region and packaging configuration.
- This metric helps track consumer price trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of all soft drinks packaged in 12-packs of 12-ounce cans in the South Census Region's urban areas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer spending patterns and inflationary pressures for a commonly purchased household product.
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 closely watched by economists and policymakers as an indicator of consumer demand and purchasing power.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric is limited to the specific regional and packaging configuration.
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Citation
U.S. Federal Reserve, Average Price: All Soft Drinks, 12 Pk, 12 Ounce, Cans (Cost per 12 Ounces/354.9 Milliliters) in the South Census Region - Urban (APU0300FN1102), retrieved from FRED.