Average Price: Potato Chips (Cost per 16 Ounces) in the West Census Region - Urban
APU0400718311 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.17
Year-over-Year Change
-9.80%
Date Range
1/1/1980 - 6/1/2025
Summary
This economic trend measures the average price of potato chips (16 oz.) in the West Census Region's urban areas. It provides insights into consumer behavior and price dynamics in a key regional 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: Potato Chips (Cost per 16 Ounces) in the West Census Region - Urban trend tracks the average retail price of this common snack food item. This data is used by economists and policymakers to monitor consumer price inflation and understand regional market conditions.
Methodology
The data is collected through surveys of retail establishments in the West Census Region's urban areas.
Historical Context
This trend is relevant for analyzing consumer purchasing patterns and informing economic policy decisions.
Key Facts
- Potato chips are a common snack food item.
- The West Census Region includes 13 states.
- Urban areas account for the majority of the region's population.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of potato chips (16 oz.) sold in urban areas of the West Census Region.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer price dynamics and purchasing behavior in a key regional market, which is useful 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's urban areas.
Q: How is this trend used in economic policy?
A: This trend is used to monitor consumer price inflation and understand regional market conditions, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly, but there may be some delay in reporting due to the survey collection process.
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Citation
U.S. Federal Reserve, Average Price: Potato Chips (Cost per 16 Ounces) in the West Census Region - Urban (APU0400718311), retrieved from FRED.