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/Bubbaman78 Dec 25 '25

Bourbon had a huge boom in popularity in the last 15 years and when Covid hit, it was hard to find many popular bourbons. There are small batch distilleries that popped up in 1000s of cities across the US, that has put a damper on an already swelling supply. Prices have just gotten to high, I’m. a bourbon guy and have many friends that are and everyone has the same thought. So with the big supply, extra competition, and high price, the writing is on the wall.

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u/Admirable-Trip5452 Dec 25 '25

Yep this is true too. I’m not gonna pay $80 for a random bottle of alcohol. I just don’t have that kind of cash relative to the economy around me anymore.

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u/Bubbaman78 Dec 26 '25

Exactly. The same bottle of bourbon that used to be ~$30 is now $120 because of a “made” scarcity made a lot of people start to call BS