Average Price: All Soft Drinks, 12 Pk, 12 Ounce, Cans (Cost per 12 Ounces/354.9 Milliliters) in the West 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 west census region - urban over time.
Latest Value
0.63
Year-over-Year Change
10.72%
Date Range
4/1/2018 - 6/1/2025
Summary
This economic trend measures the average price of all soft drinks, packaged in 12-packs of 12-ounce cans, in the West Census Region's urban areas. It provides insight into consumer prices and purchasing power for a common household beverage item.
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 West Census Region - Urban series tracks the average retail price paid by consumers for this specific soft drink package size and format. It is a key indicator of price levels and inflation for a frequently purchased consumer good.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This price trend is used by economists, policymakers, and market analysts to monitor consumer spending and inflationary pressures.
Key Facts
- Prices are tracked for 12-packs of 12-ounce cans.
- Data covers the West Census Region's urban areas.
- Trend provides insight into household beverage costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price paid by consumers for 12-packs of 12-ounce canned soft drinks in the West Census Region's urban areas.
Q: Why is this trend relevant for users or analysts?
A: This price trend is a key indicator of consumer spending, inflation, and purchasing power for a commonly purchased household item.
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: Economists, policymakers, and market analysts use this price trend to monitor consumer behavior and inflationary pressures.
Q: Are there update delays or limitations?
A: The data is published monthly with potential lags of 1-2 months.
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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 West Census Region - Urban (APU0400FN1102), retrieved from FRED.