Trends in Retail Alcohol Purchases - 2021 Update
Last year, we showed U.S. Census Bureau data demonstrating five years of growth in Retail Sales of Beer, Wine and Liquor Stores occurring in 6 months from Feb-Aug 2020.
Looking at the updated data from 2021, we see that Americans have not gone back to their pre-pandemic purchasing trends. Although, monthly purchases are below all time highs of $6.11 Billion, they are still way above the long term trend we had seen before March 2020.
Fort Schuyler Advisors
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