On-Premise Sales Slowing

As the beer industry continues to rock and roll and spirits growth slows, you have to wonder if the economy is starting to take its toll. Indeed, David Ozgo, who is the chief economist for the Distilled Spirits Council, told William Spain of MarketWatch that on-premise spirits sales have dropped to zero, after several years of 5 to 6% growth. Off-premise grew by about 2% last year. Consumers "are already reacting to a slowing economy, and what had been an