Average Price: Bourbon Whiskey, 375 Milliliters-1.75 Liters (Cost per 25.4 Ounces/750 Milliliters) in the South Census Region - Urban
This dataset tracks average price: bourbon whiskey, 375 milliliters-1.75 liters (cost per 25.4 ounces/750 milliliters) in the south census region - urban over time.
Latest Value
7.98
Year-over-Year Change
4.33%
Date Range
12/1/1985 - 11/1/1988
Summary
This economic trend measures the average retail price of bourbon whiskey in the South Census Region's urban areas, providing 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: Bourbon Whiskey, 375 Milliliters-1.75 Liters (Cost per 25.4 Ounces/750 Milliliters) in the South Census Region - Urban series tracks the average cost per standard 750 milliliter bottle of bourbon sold in urban areas of the southern United States.
Methodology
The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This price trend is relevant for analyzing consumer demand, inflation, and economic conditions in the spirits industry.
Key Facts
- Bourbon is a distinctive American whiskey.
- The South is a major market for bourbon sales.
- Prices can indicate consumer purchasing power.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average retail price of bourbon whiskey in the urban areas of the South Census Region.
Q: Why is this trend relevant for users or analysts?
A: This price trend provides insights into consumer spending and market conditions for the bourbon industry, which is an important part of the U.S. alcoholic beverage market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This price trend can be used by economists, policymakers, and industry analysts to assess consumer demand, inflation, and broader economic conditions in the spirits market.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Average Price: Bourbon Whiskey, 375 Milliliters-1.75 Liters (Cost per 25.4 Ounces/750 Milliliters) in the South Census Region - Urban (APU0300720211), retrieved from FRED.