Beer Business Daily – beer industry news and numbers

An Important Data Point for Beer?

Dear Client:I know I projected beer sales to be flat for 2013, but here's a data point which may bode well for beer sales, pointed out by a reader. Sales of existing homes closed out 2012 with the highest level since 2007 thanks to lower mortgage rates and steady hiring. Recall that Crown sales evp Bruce Jacobsen cited high home inventories as a drag on beer sales as construction jobs had dried up, and it was crucial to beer sales.

You need a subscription to access this article.Login now or subscribe to get daily industry insights!

Channels