Beer no longer recession-proof

If our nation can still be saved, Nate Silver just may be the guy who tells us how to do it. Or, he may just be the most accurate chronicler of our disintegration. Either way, we’re buying way less beer. Historically there’s been no correlation between GDP and alcohol sales for home consumption. But,

something was very, very different in the fourth quarter of 2008. Sales of alcohol for off-premises consumption were down by 9.3 percent from the previous quarter, according to the Commerce Department. This is absolutely unprecedented: the largest previous drop had been just 3.7 percent, between the third and fourth quarters of 1991.

(Hat tip: Andrew Sullivan)

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Author: Scott

I am a married father of two. I graduated from Rock Bridge High School and then Mizzou before spending six years in the Washington, D.C. area. We returned to Columbia, Missouri in 2006.

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