16 January 2009

Brewers' droop

Beer usually holds up better than other categories during tough economic times, said Benj Steinman, editor of trade publication Beer Marketer's Insights, and that trend had been holding true during this recession for some segments of the industry.

Beer is "recession-resistant, not recession-proof," Steinman said.

With the latest numbers, it appears demand has been hit hardest in the U.S. and Europe.

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