Average Price: Malt Beverages, All Types, All Sizes, Any Origin (Cost per 16 Ounces/473.2 Milliliters) in the Midwest Census Region - Urban
APU0200720111 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.75
Year-over-Year Change
1.98%
Date Range
7/1/1995 - 6/1/2025
Summary
This economic trend measures the average price of malt beverages, including all types and sizes, regardless of origin, in the Midwest Census Region's urban areas. It provides insights into consumer spending and price dynamics within the regional malt beverage 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: Malt Beverages, All Types, All Sizes, Any Origin (Cost per 16 Ounces/473.2 Milliliters) in the Midwest Census Region - Urban trend tracks the average retail price of malt beverages, such as beer and cider, in the Midwest's urban areas. This data point is used by economists and policymakers to analyze consumer purchasing patterns and price inflation within the regional malt beverage industry.
Methodology
The data is collected through surveys of retail establishments in the Midwest Census Region's urban areas.
Historical Context
This trend is relevant for understanding consumer behavior and price pressures in the malt beverage market, which can inform economic and regulatory policies.
Key Facts
- The Midwest Census Region includes 12 states in the central United States.
- Malt beverages account for a significant portion of consumer spending on alcoholic drinks.
- Price trends in the malt beverage industry can signal broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of malt beverages, including all types and sizes, regardless of origin, in the Midwest Census Region's urban areas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer spending and price dynamics within the regional malt beverage market, which can inform economic and regulatory policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the Midwest Census Region's urban areas.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding consumer behavior and price pressures in the malt beverage market, which can inform economic and regulatory policies.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and limitations of the U.S. Federal Reserve's data collection processes.
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Citation
U.S. Federal Reserve, Average Price: Malt Beverages, All Types, All Sizes, Any Origin (Cost per 16 Ounces/473.2 Milliliters) in the Midwest Census Region - Urban (APU0200720111), retrieved from FRED.