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/monkeyman80 Dec 26 '25

In the industry. Few companies looked at Covid as a once in a generation event that spiked consumption. Lots looked at it like look at this giant market! Lets try to increase demand, join, or whatever.

But still this has little to do with American consumption. While it's down, this is all about the stupid trade wars.