Consumer Price Index for All Urban Consumers: Rent of Primary Residence in South
CUUS0300SEHA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
400.45
Year-over-Year Change
36.88%
Date Range
1/1/1984 - 1/1/2025
Summary
The Consumer Price Index for All Urban Consumers: Rent of Primary Residence in South tracks changes in the cost of renting a primary residence in the Southern region of the United States. This metric is a key indicator of housing affordability and cost of living trends.
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 Rent of Primary Residence index is a component of the broader Consumer Price Index (CPI), which measures the average change in prices paid by urban consumers for a basket of consumer goods and services. The regional rent index provides insights into the state of the rental housing market in the Southern United States.
Methodology
The data is collected through surveys of tenants and landlords by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists monitor this trend to assess inflationary pressures and the affordability of housing in the region.
Key Facts
- The index has a base period of 1982-1984 = 100.
- Rent of Primary Residence accounts for about 7.6% of the total CPI.
- The index reached a record high of 305.36 in June 2022.
FAQs
Q: What does this economic trend measure?
A: The Consumer Price Index for All Urban Consumers: Rent of Primary Residence in South tracks changes in the cost of renting a primary residence in the Southern region of the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into housing affordability and cost of living trends in the Southern region, which is useful for policymakers, economists, and consumers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of tenants and landlords by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess inflationary pressures and the affordability of housing in the Southern region.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Labor Statistics with no significant update delays.
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Citation
U.S. Federal Reserve, Consumer Price Index for All Urban Consumers: Rent of Primary Residence in South (CUUS0300SEHA), retrieved from FRED.