Average Price: Wine, Red and White Table, All Sizes, Any Origin (Cost per 1 Liter/33.8 Ounces) in the West Census Region - Urban
This dataset tracks average price: wine, red and white table, all sizes, any origin (cost per 1 liter/33.8 ounces) in the west census region - urban over time.
Latest Value
15.09
Year-over-Year Change
3.23%
Date Range
7/1/1995 - 7/1/2025
Summary
This economic trend tracks the average retail price of table wine, both red and white, across all sizes and origins in the West Census Region of the United States. It provides important insights into consumer spending and price dynamics in the wine 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: Wine, Red and White Table, All Sizes, Any Origin (Cost per 1 Liter/33.8 Ounces) in the West Census Region - Urban series measures the typical price paid by urban consumers in the western U.S. for table wines. This data is used by economists and industry analysts to monitor pricing trends and consumer behavior in the wine market.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is relevant for understanding consumer spending patterns and inflationary pressures in the wine industry.
Key Facts
- The West Census Region includes 13 states, from Montana to California.
- Table wine accounts for over 80% of U.S. wine consumption.
- Wine sales make up a significant portion of overall retail spending.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the average retail price paid by urban consumers in the western United States for table wines, including both red and white varieties across all container sizes and origins.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into consumer spending patterns and price dynamics in the wine industry, which is a key sector of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This indicator is relevant for understanding inflationary pressures and consumer behavior, which can inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and it only covers urban areas within the West Census Region.
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Citation
U.S. Federal Reserve, Average Price: Wine, Red and White Table, All Sizes, Any Origin (Cost per 1 Liter/33.8 Ounces) in the West Census Region - Urban (APU0400720311), retrieved from FRED.