Average Price: Vodka, Domestic, 375 Milliliters-1.75 Liters (Cost per 25.4 Ounces/750 Milliliters) in the Northeast Census Region - Urban
This dataset tracks average price: vodka, domestic, 375 milliliters-1.75 liters (cost per 25.4 ounces/750 milliliters) in the northeast census region - urban over time.
Latest Value
6.06
Year-over-Year Change
3.31%
Date Range
12/1/1985 - 12/1/1986
Summary
This economic trend measures the average price of domestically produced vodka in 375-milliliter to 1.75-liter bottles in the Northeastern United States. It provides insights into consumer spending and market conditions for this popular spirit.
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 the Northeast Census Region - Urban trend tracks the retail pricing of a key consumer product. It is used by economists and policymakers to analyze consumer behavior, inflation, and regional market dynamics.
Methodology
The data is collected through consumer price surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This pricing information is relevant for understanding consumer expenditure patterns and informing economic policy decisions.
Key Facts
- Vodka is one of the most popular distilled spirits in the United States.
- The Northeast region accounts for a significant share of national vodka sales.
- Domestic vodka brands dominate the market in this category and region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of domestically produced vodka in 375-milliliter to 1.75-liter bottles sold in the Northeastern United States.
Q: Why is this trend relevant for users or analysts?
A: This pricing information is useful for understanding consumer spending patterns, tracking inflation, and analyzing regional market dynamics for a popular consumer product.
Q: How is this data collected or calculated?
A: The data is collected through consumer price surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to monitor consumer behavior, assess regional market conditions, and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be lags or limitations in coverage due to the survey methodology.
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Citation
U.S. Federal Reserve, Average Price: Vodka, Domestic, 375 Milliliters-1.75 Liters (Cost per 25.4 Ounces/750 Milliliters) in the Northeast Census Region - Urban (APU0100720221), retrieved from FRED.