Thursday, June 21, 2012
In a report by Lam Thuy Vo, http://www.npr.org/blogs/money/2012/06/19/155366716/what-america-spends-on-booze, it shows that in 1982, 24% of the money spent on alcohol was being spent at bars and restaurants, and 76% being bought at stores for home use. By the 2011 report is shows that we are spending 40% of the booze money in bars and 60% in the stores. This is a major shift, but what does it really mean. Based on the Bureau of Labor Statistics report, the cost of booze in Bars and Restaurants has risen 79% since 1982 and the cost of booze in the stores has dropped 39%. It would appear that we are not really going out more, it has just gotten more expensive to drink in the bars and restaurants that is shifting the percentages..