Lester: Things Aren’t as Bad as They Appear 

Dear Client:  In a recent conversation on BeerNet Radio, we spoke with Lester Jones, the chief economist for the National Beer Wholesalers Association (NBWA). Lester provided an analysis of the beer and alcohol beverage industry, emphasizing a macroeconomic view amid recent challenges. He highlighted factors like labor markets, demographics, and shifts in consumer behavior post-COVID.  Spoiler: The industry is not in as bad shape as many think.  POST PAN. Lester explained that during COVID, consumers built up home inventories of