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{"id":4992,"date":"2022-12-27T15:09:44","date_gmt":"2022-12-27T15:09:44","guid":{"rendered":"https:\/\/www.worldrealestatenetwork.com\/wordpress\/?p=4992"},"modified":"2024-12-03T18:34:46","modified_gmt":"2024-12-03T18:34:46","slug":"u-s-beverage-alcohol-spending-hits-253-8-billion","status":"publish","type":"post","link":"https:\/\/www.worldrealestatenetwork.com\/wordpress\/2022\/12\/27\/u-s-beverage-alcohol-spending-hits-253-8-billion\/","title":{"rendered":"U S. Beverage Alcohol Spending Hits $253.8 Billion in 2018, +5.1% versus 2017"},"content":{"rendered":"

\"how<\/p>\n

The net positive change for Red Blends was 22% for those under 40 years of age and 36% for those aged 40 and older. When segmented by age range, the net positive change for those under 40 years was 14% compared to 2% for those aged 40 and older. Worst hit was Volvo, owned by Chinese group Geely, which saw its shares decline by more than 3% at one stage. Shares in Stellantis (whose biggest brands include Peugeot and Fiat) were also among the main losers. While stock markets have largely shrugged at the prospect of a renewed Trump trade war, his threat to impose tariffs on Mexico and Canada, along with additional tariffs on China, have taken a toll on European carmakers.<\/p>\n<\/p>\n

In 2019, consumers aged 18 years and older drank, on average, 4.0 drinks in a seven-day period, but in 2021 that average was 3.6 drinks. For non-alcoholic beverages, sales for the 52 weeks ending October 7, 2023, compared to the year before, increased by 32%, while total alcoholic beverage sales for the same period only increased by 1%. Pertaining to share, non-alcoholic beverages accounted for 70%, and low-alcohol accounted for 30% of the combined category.<\/p>\n<\/p>\n