Average Price: Cola, Nondiet (Cost per 2 Liters/67.6 Ounces) in the West Census Region - Urban
APU0400717114 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.25
Year-over-Year Change
9.37%
Date Range
10/1/2004 - 4/1/2006
Summary
This economic trend measures the average price of non-diet cola in the West Census Region of the United States. It is an important indicator of consumer behavior and price trends in the regional soft drink market.
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: Cola, Nondiet (Cost per 2 Liters/67.6 Ounces) in the West Census Region - Urban tracks the average retail price of non-diet cola beverages in urban areas of the Western United States. This metric is used by economists and policymakers to analyze consumer spending patterns and regional price dynamics in the soft drink industry.
Methodology
The data is collected through surveys of retail establishments in the West Census Region.
Historical Context
This price trend is relevant for assessing the state of the regional consumer market and informing economic policies.
Key Facts
- The data is reported monthly.
- Prices are captured in US dollars per 2-liter/67.6-ounce unit.
- The West Census Region includes 13 states in the western United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of non-diet cola beverages in urban areas of the West Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This price trend is an important indicator of consumer behavior and regional price dynamics in the soft drink industry, which is relevant for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the West Census Region.
Q: How is this trend used in economic policy?
A: This price trend is used to assess the state of the regional consumer market and inform economic policies.
Q: Are there update delays or limitations?
A: The data is reported monthly, with no significant update delays.
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Citation
U.S. Federal Reserve, Average Price: Cola, Nondiet (Cost per 2 Liters/67.6 Ounces) in the West Census Region - Urban (APU0400717114), retrieved from FRED.