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Beer sales down, especially among millenials

Posted on 7/27/17 at 12:47 pm
Posted by weagle99
Member since Nov 2011
35893 posts
Posted on 7/27/17 at 12:47 pm
Less beer and less sex. Yay.

quote:

Apparently, younger generations aren’t drinking as much beer as they used to. The data shows they now prefer wine and spirits instead. Research firm Nielsen showed a slight decline in beer penetration across the United States compared to 2016, although wine and spirits penetration stayed about the same. But Goldman’s research revealed a shift away from beer to wine and spirits amongst those 35-44.


Instead the youts want pot:

quote:

Oh by the way, it’s not just wine and spirits that are catching the attention of millennials. Let’s not forget the growing legalization trend of marijuana too. According to the CNBC report, there was a “notable inverse correlation with cannabis use” as more people apparently turned to weed over alcohol.

Goldman Sachs is predicting a sales decline in the overall U.S. beer market in 2017 and, as a result, both Boston Beer and Constellation Brands have seen a drop in their respective share prices.


LINK

Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
140462 posts
Posted on 7/27/17 at 12:48 pm to
Pill sales are breaking yearly records annually
Posted by jdeval1
Member since Dec 2009
7525 posts
Posted on 7/27/17 at 12:48 pm to
Most of them that I work with are microbrew nuts
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
39879 posts
Posted on 7/27/17 at 12:49 pm to
I don't drink beer. I drink whiskey. I'll take 151 as a secondary if out of whiskey.
Posted by Burt Reynolds
Monterey, CA
Member since Jul 2008
22443 posts
Posted on 7/27/17 at 12:49 pm to
Beer makes you fat

Hence why most people drinking it are fat and trashy
Posted by GoCrazyAuburn
Member since Feb 2010
34849 posts
Posted on 7/27/17 at 12:49 pm to
I mean, weren't beer sales at an all time high like 5-6 years ago? Things shift. Whiskey and cocktails are the in thing now. It happens.
Posted by TheAlmightySmash
New Orleans
Member since Jun 2014
5479 posts
Posted on 7/27/17 at 12:49 pm to
I very rarely drink beer at a bar. $5 for a beer or $5 for a whiskey is an easy choice for me
Posted by SamuelClemens
Earth
Member since Feb 2015
11727 posts
Posted on 7/27/17 at 12:49 pm to
They prefer Xanax and weed to alcohol.

And GenX has gone from pills to heroin, while still drinking?
Posted by Jamohn
Das Boot
Member since Mar 2009
13542 posts
Posted on 7/27/17 at 12:50 pm to
quote:

notable inverse correlation with cannabis use” as more people apparently turned to weed over alcohol.
That's a net positive for society.

And I say that as someone who loves beer and doesn't use weed.
Posted by Masterag
'Round Dallas
Member since Sep 2014
18798 posts
Posted on 7/27/17 at 12:51 pm to
Wine is better

beer market is saturated

dry wine has no sugar

no carbs

antioxidants

plus wine is better
Posted by 9001
Pools closed
Member since Jul 2017
2087 posts
Posted on 7/27/17 at 12:51 pm to
Of course it's down among millenials. Have to have a job first and be responsible.
Posted by castorinho
13623 posts
Member since Nov 2010
82009 posts
Posted on 7/27/17 at 12:52 pm to
quote:

beer penetration
nice
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
75097 posts
Posted on 7/27/17 at 12:52 pm to
Beer sales down even in the midst of this craft beer explosion?
Posted by wildtigercat93
Member since Jul 2011
112179 posts
Posted on 7/27/17 at 12:53 pm to
Most of the people who will complain about millinials are unaware of the fact that they are millinials
Posted by StrongBackWeakMind
Member since May 2014
22650 posts
Posted on 7/27/17 at 12:55 pm to
"Kids these days."

- every previous generation ever
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134817 posts
Posted on 7/27/17 at 12:55 pm to
I thought all millennials were self proclaimed beer mavens.
Posted by Salmon
On the trails
Member since Feb 2008
83510 posts
Posted on 7/27/17 at 12:57 pm to
quote:

Beer sales down, especially among millenials


Good.

About time these beer lines got shorter.
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
26518 posts
Posted on 7/27/17 at 12:58 pm to
quote:

Most of them that I work with are microbrew nuts


But if it's counting quantity of beer sold, a 4-pack of 16oz DIPA from a craft brewery goes further than a 12-pack of Bud Light.
Posted by Dire Wolf
bawcomville
Member since Sep 2008
36563 posts
Posted on 7/27/17 at 12:58 pm to
quote:

But Goldman’s research revealed a shift away from beer to wine and spirits amongst those 35-44.


quote:

35-44.



quote:

millenials


38-44 is an old arse Millenial

Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6024 posts
Posted on 7/27/17 at 12:58 pm to
I spend at least $200 a week drinking beers with my pals.
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