A Tale of Two Beers

In the battle of bars vs. liquor stores, the bars appear to be winning. New data released this week by Bank of America found that drinking at bars is on the rise even as alcohol consumption is on the decline.

Alcohol spending as a share of overall expenditures sits around a roughly 40-year low, according to the Bureau of Labor Statistics.

Average spending at retail liquor, wine and beer shops continues to fall. On average, spending on alcohol to drink at home dropped by an average of 5 percent in 2025, according to the bank's data.

Please select this link to read the complete article from NBC News.