Real Sectoral Output for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States
IPUGN4248T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.70
Year-over-Year Change
-258.82%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures the real output of beer, wine, and distilled alcoholic beverage merchant wholesalers in the United States. It provides insight into the production and distribution of these key consumer goods.
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 Real Sectoral Output for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States is an important indicator of activity in the wholesale alcohol trade. It tracks the inflation-adjusted volume of products moving through this supply chain, which is a key driver of consumer spending and economic growth.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of businesses in the wholesale trade industry.
Historical Context
This trend is closely monitored by economists, policymakers, and market analysts to gauge consumer demand and the health of the alcohol distribution sector.
Key Facts
- The U.S. alcoholic beverage wholesale industry generates over $300 billion in annual revenue.
- Beer, wine, and spirits account for over 80% of wholesale alcohol sales in the United States.
- Wholesale trade activity closely tracks consumer demand and overall economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted output of beer, wine, and distilled alcoholic beverage merchant wholesalers in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insight into consumer demand, distribution, and economic conditions in the alcohol industry, which is a key sector of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of businesses in the wholesale trade industry.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and market analysts closely monitor this trend to gauge consumer spending, inflation, and the overall health of the alcohol distribution sector.
Q: Are there update delays or limitations?
A: There may be delays of several weeks to months in the release of this data due to the time required for business surveys and data processing.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States (IPUGN4248T011000000), retrieved from FRED.