A Look at On v. Off-Premise Trends

Dear Client:Unless you've been living under a rock the last few months, you know off-premise bev alc sales have been growing double digits while on-premise sees major declines thanks to COVID-19-related containment measures. The question is: are off-premise gains enough to offset on-premise losses? The short answer: not quite, at least when it comes to consumer spending.    Alcohol consumption has remained fairly consistent over the last three decades, increasing in line with the growth of the legal drinking age population. While