Alcohol Spending Hit $241.8 Billion in 2017

The numbers are starting to come in for 2017, and thus far, beverage alcohol trends seem to have been lukewarm, depending on who you ask. Consumer spending on alcohol was up 2.7% to $241.8 billion for the year, according to research from BW166 and Gomberg, Fredrikson & Associates. Although, total alcohol volumes were down 0.4%, wine volumes grew 1.3% and value was up 3%. It's worth noting those increases were a bit softer than 2016's 5.8% and 2.6% growth in