According to Recent Nielsen Survey, Beer Beats Wine in Recession (Bloomberg News)
alcohol consumption is often considered recession-proof. — alcohol consumption is often considered recession-proof. >> people do not necessarily drink less during recessions. however, they may be drinking different things. they are specifically turning toward drinking more beer. recent survey polled about 5000 drinkers in the u.s. it shows that beer is taking market share from other beverages. in truth limber fashion, we do have a chart to show this. this shows the price of beer and domestic wine versus imported wine. this is the benchmark index from london. you can see domestic wine prices on the rise of the past year. the yellow line shows barley that is integral to making beer. the cost is going down and the price is going up. >> there is nothing i like to talk about more than beer.