We Are Too Poor For Fancy Alcohol

We Are Too Poor For Fancy Alcohol

The numbers are in for liquor sales in 2009, and last year had the smallest increase in sales since 2001, reports Bloomberg. What’s worse (if you own a high-end liquor company), sales shifted toward the products on the cheaper end of the spectrum, and people bought less at restaurants and other public places. But we’re not actually drinking less, it turns out–we’re just doing more entertaining at home. [More]