Adults of the right age sometimes indulge in alcoholic drinks, which are a multi-billion dollar business. However, spending tends to be more pronounced in dining places, where people have been steadily charged more for libations.
Seeing markup
According to a recent post on NPR, part of its "What America Spends On" series, Americans are gradually increasing the amount spent on alcoholic beverages in dining places and bars. The series compares figures from 1982 to today, examining the changes in the 30-year period.
In 1982, the Cold War still existed, spandex was in vogue and yuppies were driving BMWs. Americans were also aware of the mark up on beer, wine and spirits in dining places and bars, as only 24 percent of alcohol spending was in those locations and 76 percent was spent in stores.
About 40 percent of alcohol spending happens in restaurants and bars now, which means we are spending more there. Only 60 percent is spent in shops. There has also been a massive increase in bar and diner prices. They went up 79 percent, compared with the 39 percent drop in costs at shops. It might even suggest more people are purchasing at shops.
Grape goals
in 1982, only 16.2 percent of alcohol costs were for wine while 48.9 percent was on beer and 34.6 percent was on wine. That has changed a lot in 2012 when wine spending has increased to 39.7 percent. Spending on spirits decreased to 12.6 percent. That was the biggest change seen in the country.
The San Francisco Chronicle explained that there were 329.7 million cases of wine shipped in 2011, which was a milestone in the States. In fact, it was the first time that the country beat France's 320.6 million cases. America is certainly more successful in wine than other things right now.
The American wine industry was a $30 billion industry as of 2010 and the bulk of it is all within the state of California as fully 61 percent of wine produced in the United States was from the Golden State itself. That year, 241.8 million cases went out from various vineyards. Millennials, the current crop of 20- and 30-somethings, are not only drinking more, but also reaching for more costly bottles.
Always choosing beer
From 1982 to 2012, the amount of beer that people drank did not change at all. In fact, it was 47.7 percent of sales in 2012, according to NPR. People are drinking less overall though because beer production has dropped, according to BusinessInsider, from 203 million gallons produced in 1990 to 182 million in 2011.
Craft breweries are starting to become much more popular also. In fact, there were 1,989 craft breweries in 2011 with 37 closing and 250 brand new ones opening. Almost 5.7 percent of the market share and $8.7 billion in revenue was given to the craft breweries. They produced about 11.5 million barrels of beer. There was an 11 percent growth in craft breweries from 2010 to 2011 also.
Seeing markup
According to a recent post on NPR, part of its "What America Spends On" series, Americans are gradually increasing the amount spent on alcoholic beverages in dining places and bars. The series compares figures from 1982 to today, examining the changes in the 30-year period.
In 1982, the Cold War still existed, spandex was in vogue and yuppies were driving BMWs. Americans were also aware of the mark up on beer, wine and spirits in dining places and bars, as only 24 percent of alcohol spending was in those locations and 76 percent was spent in stores.
About 40 percent of alcohol spending happens in restaurants and bars now, which means we are spending more there. Only 60 percent is spent in shops. There has also been a massive increase in bar and diner prices. They went up 79 percent, compared with the 39 percent drop in costs at shops. It might even suggest more people are purchasing at shops.
Grape goals
in 1982, only 16.2 percent of alcohol costs were for wine while 48.9 percent was on beer and 34.6 percent was on wine. That has changed a lot in 2012 when wine spending has increased to 39.7 percent. Spending on spirits decreased to 12.6 percent. That was the biggest change seen in the country.
The San Francisco Chronicle explained that there were 329.7 million cases of wine shipped in 2011, which was a milestone in the States. In fact, it was the first time that the country beat France's 320.6 million cases. America is certainly more successful in wine than other things right now.
The American wine industry was a $30 billion industry as of 2010 and the bulk of it is all within the state of California as fully 61 percent of wine produced in the United States was from the Golden State itself. That year, 241.8 million cases went out from various vineyards. Millennials, the current crop of 20- and 30-somethings, are not only drinking more, but also reaching for more costly bottles.
Always choosing beer
From 1982 to 2012, the amount of beer that people drank did not change at all. In fact, it was 47.7 percent of sales in 2012, according to NPR. People are drinking less overall though because beer production has dropped, according to BusinessInsider, from 203 million gallons produced in 1990 to 182 million in 2011.
Craft breweries are starting to become much more popular also. In fact, there were 1,989 craft breweries in 2011 with 37 closing and 250 brand new ones opening. Almost 5.7 percent of the market share and $8.7 billion in revenue was given to the craft breweries. They produced about 11.5 million barrels of beer. There was an 11 percent growth in craft breweries from 2010 to 2011 also.
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