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Adams Beverage Group Survey Shows Americans Spending More on Top-Line Spirits.
Knight Ridder/Tribune Business News, November, 2003
By Richard Lee, The Stamford Advocate, Conn. Knight Ridder/Tribune Business News
Nov. 14--While Americans complain about a bumpy economy, and the unemployment rate hovers around 6.1 percent (seasonally adjusted), many are digging into their pockets to spend more on top-shelf spirits, wine and beer than ever before, according to the new Cheers On-Premise Handbook 2003 published by Norwalk-based Adams Beverage Group.
"In bars and restaurants across the country, Americans are cocktailing," said Adams spokeswoman Tiziana Mohorovic. "Demand for high-end wine and beer products also is up, demonstrating that even in these difficult economic times, consumers are unwilling to give up the affordable luxuries to which they have become accustomed and feel...
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