Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts
Wednesday, December 28, 2011
The Economic Cost of Heavy Drinking
Some food, or rather, some drink for thought.
A recently released study conducted for the CDC Foundation estimates that the economic costs of excessive drinking in American totaled $223.5 billion in 2006. Binge drinking accounted for 76.4%, or $170.7 billion of the total costs, according to the report. Binge drinking is defined as 4 or more drinks for women and 5 or more drinks for men within a two-hour period.
The report estimates that the per capita cost of excessive drinking was approximately $746 for every man, woman, and child in the United States in 2006.
Here is a breakdown of the cost of excessive drinking:
· 72.2% ($161.3 billion) - Lost productivity
· 11% ($24.6 billion) - Healthcare
· 9.4% ($21.0 billion) - Criminal Justice
· 7.5% ($16.7 billion) - Other costs (e.g., property damage)
(The study was conducted for the CDC Foundation, a nonprofit enterprise that creates programs with the Centers for Disease Control for fighting threats to health. The study analyzed 2006 costs obtained from national databases.)
Graphics Credit: http://cdc.gov
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