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(Mother Nature Network)   For some reason while the economy was in a depression, breweries and wineries in the U.S. experienced tremendous growth   (mnn.com) divider line 10
    More: Spiffy, United States, economic growths, brewery, craft beers  
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403 clicks; posted to Business » on 11 Aug 2012 at 9:25 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-08-11 10:27:13 AM
i89.photobucket.com
 
2012-08-11 11:52:58 AM
DRINK MOAR BEER1!!!!11!1!!11!1!!!!!
 
2012-08-11 11:58:50 AM
Alcohol and cheap entertainment always do well in depressions. That's been the keystone of my investing strategy since I saw this mess coming in the early 2000s. I've done quite well.
 
2012-08-11 02:02:03 PM
Alcohol is unaffected by the economy. In good times people buy to celebrate. In bad times they buy forget. The only difference is that during gogd times more people may splurge on the expensive stuff but good times or bad, people will buy.
 
2012-08-11 02:35:08 PM
And there's been a major do-it-yourself trend since the economy went south. If we assume thousands of unemployed/underemployed people started making their own beer or wine just to pass the time, save a few bucks, whatever... It's also safe to assume that dozens of them would successfully turn them into a small side business.

That's been happening in quite a few hobby markets. Everything from self-published short stories to custom decorative switchplate covers to handmade clothing to garage-shop models and miniatures have been gaining small cult followings over the last decade.
 
2012-08-11 03:13:50 PM
dollar stores and pawn shops are doing well too, says Mr. States teh Obvious.
 
2012-08-11 04:02:12 PM

DrPainMD: Alcohol and cheap entertainment always do well in depressions. That's been the keystone of my investing strategy since I saw this mess coming in the early 2000s. I've done quite well.


Why didn't you tell anyone?
 
2012-08-11 06:19:56 PM
Well, I think there's more than just people wanting to get drunk. Where I live in Central MD, for each of the past 5 years, a vineyard announced the commencement of production of wines from their own grapes.

Keep in mind that a decent vineyard takes some 5-7 years to get to the point where it's agriculturally productive, so this phenomenon has been underway for at least 10 years, well before the 2008 downturn.

Both VA and PA have also been creating new vineyards during the same time, BTW. And people are buying local wine. Imagine that.
 
2012-08-11 07:13:23 PM
FTA: "While the number of breweries is increasing, the overall amount of money Americans are spending on beer has decreased"

Big diff between "tremendous growth" and "increasing competition for fewer dollars"
 
2012-08-12 10:57:43 PM
redbus2us.com
Wait till they get a load of me
 
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