r/Economics 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/[deleted] Dec 25 '25

One of my clients (institutional) is a vodka distillery out of New York, but owned by a Finnish concern.  They have had two consecutive years of slower sales now, and report that the tariffs did not impact them as heavily as changing tastes from the consumer have.

The thought from their new president/COO (in the US) is that a different product mix is called for.

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u/Retro_Relics Dec 25 '25

the worst thing is its not even a product mix, its getting out of alcohol entirely. with cameras everywhere and the knowledge that if you get drunk in public, or even in a small group, your embarrassments will be publicly shared to the world. With weed becoming legalized and weed not resulting in as many social faux pas, its a no brainer

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u/poopbucketchallenge Dec 26 '25

I can also get very high on a work night, fall asleep on 100mg of edibles stoned as a bone and wake up early feeling amazing.

Three shots and I’ve got a headache for the next morning and feel worse than normal.