An Increase in Wholesalers’ Growth Profit
The PPI is a monthly index posted by the government, which measures wholesalers' gross profit dollars. According to this Alcohol Wholesaling Margin PPI, alcohol distributors' profitability has been accelerating. Wholesaler gross profit has continuously grown, and is...
An Extended or Permanent FET Reduction to Come
The Federal Excise Tax Reduction was reintroduced and is now being considered to become permanent, or at least extended. This reduction includes a tax rate drop for distillers, wineries, and brewers. The Craft Beverage Modernization and Tax Reform Act allowed for...
Scotch Whisky Becomes a Billion-Dollar Market in the U.S.
The U.S. has recently become the first overseas market to hit the billion-dollar mark for Scotch. The export value of Scotch Whiskey grew 7.8 percent by value in the past year and the number of bottles exported have also reached new levels, as they increased by 3.6...
Corporate Jobs and Alcohol Drinking
In a study of 1,010 U.S workers, the top five industries that allow and sponsors alcohol consumption the most are Technology, Construction, Marketing, Arts, Entertainment, and Recreation, and Information Services and Data Processing. At certain companies that fall...
Women and Wine
There’s no doubt there has been a drastic increase in attention and sensitivity to women in our modern world, due to movements like #MeToo, and other eye-opening initiatives, but there has been a rise in attention on women in the wine industry as well. Major wine...
The Lesser-Known Italian Grapes that should be on Every Wine Professional’s Radar
Underrated and few-known grapes are on the rise for producing exciting new Italian wines. Timorasso and Rossese, whites from Piedmont, and Schioppettino and Friulano, from Friuli, are just some of the Italian grapes producing flavorful and unique wines. Others include...
Airport Tasting Rooms Making Traveling More Enjoyable
A great amount of beverage producers, mainly distilleries, are opening up replicas of their original spots in airports. The idea started in Portland International Airport with the Westward Whiskey Tasting Room, following with Salt Lake City and Pittsburgh...
U.S. and UK Will Continue the Trade of Wine and Spirits
The trade of wine and spirits between the United States and United Kingdom will be uninterrupted when the UK leaves the European Union this coming March. Recently the US and UK signed an agreement to protect all Bourbon, Tennessee Whiskey, Scotch whisky, Irish...
Distilling on Tribal Lands makes for a Stronger Economy
In 1834 a federal law was enacted under Andrew Jackson, making it illegal for anyone to set up a distillery on a tribal land. This law was put into place as a peace making effort, and it remained active until December 2018 when Congress and the president finally...