Average Price: Vodka, Domestic, 375 Milliliters-1.75 Liters (Cost per 25.4 Ounces/750 Milliliters) in U.S. City Average
APU0000720221 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.83
Year-over-Year Change
1.01%
Date Range
12/1/1985 - 12/1/1986
Summary
This economic trend measures the average retail price of domestic vodka in the U.S. in the 375 milliliter to 1.75 liter size range. It provides insight into consumer spending and price dynamics in the spirits 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: Vodka, Domestic, 375 Milliliters-1.75 Liters (Cost per 25.4 Ounces/750 Milliliters) in U.S. City Average is a key metric used by economists and industry analysts to track pricing trends in the U.S. vodka market. It reflects the average cost paid by consumers for this common spirits product.
Methodology
This data is collected through regular surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Vodka pricing data helps inform economic policy decisions and provides context for consumer purchasing behavior.
Key Facts
- Vodka is the most consumed spirit in the U.S.
- Domestic vodka accounts for over 60% of the U.S. vodka market.
- Pricing trends reflect consumer purchasing power and brand preferences.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of domestic vodka products in the U.S. in the 375 milliliter to 1.75 liter size range.
Q: Why is this trend relevant for users or analysts?
A: Vodka pricing data provides insight into consumer spending patterns and brand preferences in the spirits market, which is useful for economists, industry analysts, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through regular surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Vodka pricing trends help inform economic policy decisions and provide context for consumer purchasing behavior in the spirits market.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Bureau of Labor Statistics, Average Price: Vodka, Domestic, 375 Milliliters-1.75 Liters (Cost per 25.4 Ounces/750 Milliliters) in U.S. City Average (APU0000720221), retrieved from FRED.