Producers of spirits have new bragging rights in the age-old whiskey vs. beer barroom debate.
New figures show that spirits surpassed beer for U.S. market-share supremacy, based on supplier revenues, a spirit industry group announced Thursday.
After years of steady growth, it marked the first time that spirit supplier revenues have surpassed beer - but just barely, the spirit industry group said. Beer holds a 41.9% market share, it said. "It's interesting to hear liquor companies boast about making money hand-over-fist while simultaneously going state-to-state hunting for more tax carveouts from state legislatures," Crawford said in a statement.
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