Average Price: Vodka, All Types, All Sizes, Any Origin (Cost per 1 Liter/33.8 Ounces) in the Midwest Census Region - Urban
APU0200720222 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.36
Year-over-Year Change
2.06%
Date Range
7/1/1995 - 11/1/1997
Summary
This economic trend measures the average price of vodka across all types, sizes, and origins in the Midwest Census Region's urban areas. It provides valuable insights into consumer price dynamics in a key regional 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: Vodka, All Types, All Sizes, Any Origin (Cost per 1 Liter/33.8 Ounces) in the Midwest Census Region - Urban trend tracks the average retail price of vodka products sold in urban areas of the Midwest. This data point is used by economists and policymakers to analyze consumer spending patterns and inflationary pressures in the regional alcoholic beverage market.
Methodology
The data is collected through surveys of retail establishments in the Midwest Census Region.
Historical Context
This trend is relevant for assessing the state of the Midwest's consumer economy and informing policy decisions that may impact the regional alcoholic beverage industry.
Key Facts
- The Midwest Census Region includes 12 states.
- Vodka is one of the most popular distilled spirits in the U.S.
- Consumer spending on alcoholic beverages is a key economic indicator.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of vodka products sold in urban areas of the Midwest Census Region, including all types, sizes, and origins.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into consumer spending patterns and inflationary pressures in the regional alcoholic beverage market, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments in the Midwest Census Region.
Q: How is this trend used in economic policy?
A: This trend is relevant for assessing the state of the Midwest's consumer economy and informing policy decisions that may impact the regional alcoholic beverage industry.
Q: Are there update delays or limitations?
A: The data is published regularly, but there may be some delays in reporting due to the survey-based collection methodology.
Similar APU Trends
Average Price: Gasoline, Unleaded Midgrade (Cost per Gallon/3.785 Liters) in Baltimore-Columbia-Towson, MD (CBSA)
APUS35E74715
Average Price: Gasoline, Unleaded Midgrade (Cost per Gallon/3.785 Liters) in Denver-Aurora-Lakewood, CO (CBSA)
APUS48B74715
Average Price: All Soft Drinks, 12 Pk, 12 Ounce, Cans (Cost per 12 Ounces/354.9 Milliliters) in the Northeast Census Region - Urban
APU0100FN1102
Average Price: Gasoline, Unleaded Regular (Cost per Gallon/3.785 Liters) in Minneapolis-St. Paul-Bloomington, MN-WI (CBSA)
APUS24A74714
Average Price: Coffee, 100%, Ground Roast, 13.1-20 Ounce Can (Cost per Pound/453.6 Grams) in the Midwest Census Region - Urban
APU0200717312
Average Price: Utility (Piped) Gas - 40 Therms in U.S. City Average
APU000072601
Citation
U.S. Federal Reserve, Average Price: Vodka, All Types, All Sizes, Any Origin (Cost per 1 Liter/33.8 Ounces) in the Midwest Census Region - Urban (APU0200720222), retrieved from FRED.