Beer in Pole Position Going into Holidays

Beer is poised to hold up the best of the big three bev-alc categories during this recession, says the Credit Suisse global team headed by Carlos Laboy, particularly as volume moves to off-premise and beer has positioned itself with a more premium image over the past two years. Carlos writes that "with so many small liquor stores, bars and restaurants now facing reduced credit lines and a general decline in on-premise consumption, one large spirits distributor recently indicated to us