Beer Business – Are Sales Coming Back?

Buffalo Trace Newsletter reprinted a WSJ article with the headline, After Long Downturn, Beer Sales Are Back.

Are they? Well, yes and no.

Beer shipments in the US rose nearly 2% to over 141 million barrels in the first eight months of 2012 after falling three straight years. In fact, sales fell 1.5% in 2011.

But, it’s not the shut-up-and-drink-or-guzzle-it brands. The growth is coming from craft beers whose sales have grown 12% in volume in the first half of this year. Craft beers represent 6% of the beer market in volume and 9% in dollars.

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Drinking in America: Who, What and How Much is Spent?

Wine, beer and cocktails; millennials, baby boomers, gen x and y – who is drinking what type of alcohol in the United States?

I bet you know the answers but maybe there’s a surprise or two in this posting.

Let’s set the stage with an article from The Economist called “Thirsty Work” which answers the question of how long it takes to afford a beer around the world.  The information covers the number of minutes of work required to purchase 500ml (16.9 oz.) of beer all over the globe.

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