Alcohol sales thrive in bad economy

[Liberal_in_LA]

http://www.pennlive.com/midstate/index.ssf/2008/07/alcohol_sales_thrive_in_bad_ec.html

Alcohol sales thrive in bad economy
by ELIZABETH GIBSON, The Patriot-News Saturday July 12, 2008, 8:50 PM

The Associated Press, 2008

Andrew Wagner got ready for a slump in business a few weeks ago. Wagner, a warehouse manager at Glenn Miller beer distributor in Lemoyne, said he typically sees a summer slowdown when schools let out and families depart for the beach and other vacation points.
Not this time. "In June, some years, I've seen business die," he said. This year has been different, he added, "We seem a lot busier." Ditto for hard liquor.

"For our year-to-date sales through the end of May, sales were up 4.8 percent from a year ago," said Nick Hays, spokesman for the Pennsylvania Liquor Control Board, which oversees liquor sales.

In the down economy, many people apparently are spending their limited dollars on home-based entertainment. Increased liquor and grocery store sales and television and electronic game purchases point to consumers looking to save money by staying in.

[LostInAnomie]

1. How much you want to bet that sales are up for...

... weed and porno too?

[HereSince1628]

2. And I just thought a lot of folks had "gone Wisconsin"

Beer it's not just for breakfast anymore.

[Warpy]

3. You couldn't go wrong in the Depression

if you owned either a gin mill or a cheap diner.

[tech3149]

4. I'm doing my part ! n/t

[bbinacan]

5. It's called a Geffen Good

In a bad economy, some businesses see growth. My degree is in economics and the best example of this was explained as: In a good economy, people who bought the high end liquors would switch to "rot gut whiskey" to save. The rot gut industry thrives in a bad economy.

[napi21]

6. Yep, but the bar business is not increasing because most people

are just buyin' it and takin' it home!



It's cheaper that way!

[NNN0LHI]

8. And one can have a cigarette with their beer at home if they wish too

No smoking bans at home residences yet.

Don

[napi21]

10. You got THAT RIGHT! I've shyed away from drinking anything outside my home for several years!

At least so far, nobody hassels me here!

[Historic NY]

7. Drown your self, protection from the misery of being stuck at home

[BlueJac]

9. Go figure........

weed too! This country drives people crazy!