Americans are spending more on booze than they did in 2014, with more than $4 billion spent on alcoholic beverages in the first six months of the year, according to data from the Beverage Marketing Association.
This includes more than 8 percent of all alcohol consumed in the United States, according the data, which is down from a peak of 12 percent in 2014.
It’s a decline from a period in 2014 when alcohol spending increased more than 10 percent a year, the data show.
A rise in beer sales also helped fuel the surge in alcohol consumption.
The association said alcohol consumption last year rose 1.3 percent, its highest pace in five years.
That’s down from 2.6 percent in 2013.
The share of adults in the U.S. drinking alcohol has also fallen to just over 10 percent from 11.5 percent in 2015, according, which means there is no reason to panic.
That means drinking at least 21 units of alcohol a day, or 2.4 drinks per day, is more common in the nation than it was a decade ago, the association said.