Archive for beertrends SmartBlogs
Consumers might be pinching pennies when it comes to some dining-out choices, but they’re not shy about spending more for a pre-dinner cocktail or wine to go with a meal, according to studies by Restaurant Sciences.
Spirit prices increased between 4.5% and 11% in the six months through April at eateries where the average check is $40 and at high-end restaurants where the tab totals $90 or more, according to one study, while bars, nightclubs and family-dining chains haven’t seen a similar bump.[…] Continue Reading »
U.S. craft brewers have much to celebrate this summer, as their ranks swell and they continue to see double-digit sales growth. Craft breweries are expanding faster than at any time since Prohibition, according to The Huffington Post. Sales increased 14% in the first half of the year, and volume rose 12%, according to the Brewers Association in Boulder, Colo.[…] Continue Reading »
Americans spend about the same amount on alcohol as they did 30 years ago, but the way they spend has shifted dramatically, according to National Public Radio’s Planet Money blog. In 1982, consumers spent about 75% of their booze budget at the store; today, it’s more like 60%, with restaurants and bars gaining much more business.[…] Continue Reading »
Craft brewers turned out 1.3 million more barrels of beer last year than they did in 2010, a 13% increase in volume, and retail sales rose 15% even as the overall beer industry turned out a lackluster performance, according to the Boulder, Colo.-based Brewers Association. Brewers qualify as craft if they turn out fewer than 6 million barrels a year, and they range from tiny microbreweries that produce a barrel or less to Samuel Adams-maker Boston Beer, which recently hit the 2 million mark.[…] Continue Reading »