Alcohol sales are historically recession resistant, but not at bars anymore. It's way cheaper to buy some booze at the store, invite a few buddies over, and have a little party. If you live somewhere awesome like Miami, you can enjoy views of palm trees and water. If you live somewhere on the boring side, at least you can hang out outside during the summertime. Maybe play some bean bag toss and listen to music with a few beers. Good times.
From Time -
"Sales of alcoholic beverages at bars and restaurants fell 4.6% in 2009, while sales at liquor stores, supermarkets and other retailers for "at home" drinking rose 1.2%, the report said. Americans are gulping 10 drinks on average each month at home, compared with only 5.7 drinks in bars and restaurants, the report notes."
The article goes on to discuss a proposal by New York's governor, David Patterson, to allow wine sales at grocery stores. I don't know why that guy gets such a bad rap. I think he's great.
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