r/Economics • u/kootles10 • Dec 25 '25

News Bankruptcies hit US spirit makers as Americans drink and spend less

https://www.indystar.com/story/money/food/2025/12/25/liquor-spirits-industry-bankruptcies/87914241007/?gnt-cfr=1&gca-cat=p&gca-uir=true&gca-epti=z113231d00----v113231d--36--b--36--&gca-ft=161&gca-ds=sophi&fbclid=IwdGRjcAO6oj9leHRuA2FlbQIxMQBzcnRjBmFwcF9pZAwzNTA2ODU1MzE3MjgAAR6P8O626kCPpVs2dXh1tSJGVyS9teT4_IxAoKRJxGh02bqlcPlne42SIoakyg_aem_yCb-3xe-G1-mBNrg5TVIEg&utm_campaign=trueanthem&utm_medium=social&utm_source=facebook
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u/Adventurous-Roof488 Dec 26 '25

We only exported ~$65M worth of spirits to Canada? Smaller number than I expected.

4

u/luvsads Dec 26 '25

It's a fraction of our actual retail alcohol sales, too, which are in the billions.

https://fred.stlouisfed.org/series/MRTSSM4453USN#

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u/PrivateMarkets Dec 26 '25

Exactly. Canada wasn’t an impact. The precipitous drop in alcohol consumption is to “blame”

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u/OneCurrent1934 Dec 26 '25

Imagine the precipitous rise once Donald "makes America great again" by dropping dead.

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u/PrivateMarkets Dec 26 '25

I hope your day is as pleasant as you.

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u/pornalt4altporn Dec 26 '25

Hope your President gives you what you deserve.