Tuesday 20 October 2015

Alcoholic Drinks In Dining Places Getting More Costly As Spending Increases

By Cornelius Nunev


Adults of the right age occasionally enjoy alcoholic beverages, which are a multi-billion dollar company. However, spending tends to be more obvious in restaurants, 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 growing the amount spent on alcoholic drinks in dining places and bars. The series compares figures from 1982 to today, examining the changes in the 30-year period.

Only 24 percent of spending was on alcohol in dining places and bars in 1982 while the other 76 percent was spent in shops. This was during the Cold War when Americans were struggling through.

About 40 percent of alcohol spending happens in dining places and bars now, which means we are spending more there. Only 60 percent is spent in stores. There has also been an enormous increase in bar and diner costs. They went up 79 percent, compared with the 39 percent drop in prices at shops. It might even suggest more people are getting at shops.

More wine spending

The biggest change was what the country indulges in. In 1982, 48.9 percent of spending was on beer, followed by spirits at 34.6 percent and wine at 16.2 percent. However, spirits have fallen to 12.6 percent of spending and wine has ballooned to 39.7 percent of spending on libations for 2012.

Wine in America is all any person seems to want. In 2011, France only shipped 320.6 million cases of wine while there were 329.7 million cases shipped in America, according to the San Francisco chronicle. Definitely more Americans are drinking American wine now.

In 2010, the American wine industry was a $30 billion industry. In that year, 241.8 million cases were sent from a ton of different wineries. Millennials are willing to spend more on costly bottles and are drinking more. California by itself produced 61 percent of that wine, which means California is the state where the majority of the wine comes from.

Beer favored

However, the preferred drink of the nation is still beer. In 2012, according to NPR, beer still accounted for 47.7 percent of sales, barely changing from 1982. Overall beer production, according to BusinessInsider, has fallen from just under 204 million gallons in 1990 to just under 192 million in 2011, though that's part of an overall trend of Americans consuming less as a whole.

Craft breweries are starting to become much more well-liked 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 industry 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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