Sectoral Output Price Deflator for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States
IPUGN4248T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.20
Year-over-Year Change
-63.64%
Date Range
1/1/1988 - 1/1/2024
Summary
The Sectoral Output Price Deflator for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) measures changes in prices received by wholesalers in this sector. It is a key indicator of wholesale price inflation in the alcoholic beverage industry.
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
This index tracks the prices wholesalers charge for beer, wine, and distilled spirits. It is used to analyze trends in the wholesale alcoholic beverage trade and monitor the impact of factors like supply chain disruptions or tax changes on wholesale pricing.
Methodology
The data is collected through surveys of wholesale businesses and calculated as a weighted index.
Historical Context
Policymakers and economists rely on this index to assess the state of the alcoholic beverage wholesale market and its effects on overall producer price inflation.
Key Facts
- The index is published monthly by the U.S. Federal Reserve.
- It covers over 80% of the U.S. alcoholic beverage wholesale industry.
- Prices for beer, wine, and distilled spirits are weighted based on sales volume.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices received by wholesale merchants for beer, wine, and distilled alcoholic beverages.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into wholesale pricing dynamics within the alcoholic beverage industry, which is crucial for understanding producer price inflation and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of wholesale businesses and calculated as a weighted index by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to assess the state of the alcoholic beverage wholesale market and its effects on overall producer price inflation, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical 1-month lag, and it covers over 80% of the U.S. alcoholic beverage wholesale industry.
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Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States (IPUGN4248T051000000), retrieved from FRED.