Total spending on alcohol was down 12% in 2020 according to @USDA_ERS Food Expenditure Series data.
Spending at home up $11.4B.
Away from home down -$39.0B.
https://t.co/ZQa3FCWB7Q
On Monday, @SBAgov began accepting #RestaurantRevitalizationFund applications. Learn the two ways qualifying breweries can apply and how the SBA will prioritize funding. https://t.co/B8fueoKRfO
Even with the seasonal adjustment bar/restaurant employment took a step back in November. About 1 out of 4 total jobs lost is at bars/restaurants (~2M out of ~8M with seasonal adjustments).
Brewers, reminder to let us know how your third quarter looked. We'll be compiling this data to understand the full impact to sales, revenue, and jobs.
https://t.co/xN9VwmUBtB
My first #Brewery finance course starts tomorrow online with U. of Vermont! Are you a @pinkbootsbeer or @BrewersAssoc member? You receive 20% off at checkout. Learn more about this first course on my blog: https://t.co/DcLGv6LlN0 @uvmcraftbeer @uvmcde #accounting