Average Price: All Soft Drinks (Cost per 2 Liters/67.6 Ounces) in the West Census Region - Urban
APU0400FN1101 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.15
Year-over-Year Change
59.08%
Date Range
4/1/2018 - 5/1/2022
Summary
This economic trend tracks the average price of all soft drinks sold in the West Census Region of the United States, specifically in urban areas. It provides valuable insights into consumer spending patterns and price dynamics within the 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: All Soft Drinks (Cost per 2 Liters/67.6 Ounces) in the West Census Region - Urban trend is an important indicator for economists and policymakers to understand the pricing environment and consumer behavior in the soft drink industry across different geographic regions.
Methodology
The data is collected through surveys of retail establishments in the West Census Region of the U.S.
Historical Context
This trend is widely used by market analysts, industry groups, and policymakers to monitor price trends and inform strategic decision-making in the soft drink market.
Key Facts
- The data is reported on a monthly basis.
- Prices are measured in cost per 2 liters or 67.6 ounces.
- The West Census Region includes 13 states, including California, Washington, and Colorado.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average price of all soft drinks sold in the West Census Region of the United States, specifically in urban areas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into consumer spending patterns and price dynamics within the soft drink market, which is crucial for understanding market conditions and informing strategic decision-making.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the West Census Region of the U.S.
Q: How is this trend used in economic policy?
A: This trend is widely used by market analysts, industry groups, and policymakers to monitor price trends and inform strategic decision-making in the soft drink market.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with no known significant update delays or limitations.
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Citation
U.S. Federal Reserve, Average Price: All Soft Drinks (Cost per 2 Liters/67.6 Ounces) in the West Census Region - Urban (APU0400FN1101), retrieved from FRED.