Beer sales were flat last year:
Anheuser-Busch InBev SA sold 0.7 percent less beer and soft drinks in 2009 during the economic downturn and says that global beer demand is neither growing nor shrinking.
Craft brewers are doing well, thank you very much.
But if mass-market beer is an inferior good, then declining sales would be a positive economic indicator, no? ;-)
Posted by: KipEsquire | March 04, 2010 at 01:52 PM
Inferior to craft brews? Ya! But not income. :-)
Posted by: Phil | March 06, 2010 at 07:15 PM