well its happened - UKers don't have money for beer

[ensho]

http://finance.yahoo.com/news/Molson-slumps-in-3Q-as-apf-56635056.html?x=0


Molson slumps in 3Q as economy saps beer money

Molson Coors 3Q profit tumbles 23 pct as high costs, high unemployment put squeeze on brewers



-snip-

Molson Coors Brewing Co. and other major beer makers have struggled with weak sales as consumers cope with the down economy. It has hit these brewers hardest as its core consumer -- young men -- face particularly high levels of unemployment.

The Denver-based company is also struggling with higher costs for fuel, packaging and ingredients.

-snip-
--------------------

is it going to happen here next?

[DainBramaged]

1. Domestically it's worse

Here are the eight beers that have lost the most sales since 2006:

8. Budweiser (-30%)

7. Milwaukee’s Best Light (-34%)

6. Miller Genuine Draft (-51%)

5. Old Milwaukee (-52%)

4. Milwaukee’s Best (-53%)

3. Bud Select (-60%)

2. Michelob Light (-64%)

1. Michelob (-72%)

http://1057thexrocks.com/beers-falling-from-grace/

[Uben]

3. So peple are drinking less alcohol?

If so, that's a good thing. Our livers thank you.

[ensho]

4. thanks for this info - so its already happening here

nt

[mac56]

9. Not coincidentally, homebrew supply stores are BOOMING.

Double digit growth each of the past two or three years.

New stores opening while other types are closing.

Brew your own. I've been doing it for years.

[NightWatcher]

2. people are buying more craft/local beers. Death to Big Beer

[Exultant Democracy]

5. +1. up with craft beer down with crap beer.

[Mojambo]

6. I still drink beer. I just drink MUCH cheaper beer

I'm down to drinking Trader Joe's "Name Tag" Lager.

Or as we refer to it, .50 cent beer.

[seabeyond]

7. top of my list of sexist corps... fine with me. nt

[no_hypocrisy]

8. Les Citizens, to The Bastille!

[tama]

10. Let them drink Champagne! nt