U.S. SPIRITS DWINDLE IN VOLUME

U.S. spirits volumes slowed a bit to 3.25% in September, but are up 4.7% ytd according to UBS research. NABCA, or Control States, volumes show a similar decreasing trend with a 3.25% rise in September, down from 4.92% in August and 4.74% ytd. Nevertheless, UBS gives a positive outlook for U.S. spirits, “particularly on the trend of premiumisation.” Diageo continues to take volume share from the industry, up 4.68% in September and 7% ytd., with the help of Scotch, Canadian