Skip to main content

BEVCOMMUNITY

Connect with the local beverage industry. Trade news, trends and insights.

Northeast Millennials Lead National Bar and Liquor Store Purchases

By October 2, 2014Top News

MillennialsLevel Money, a “mobile-first” financial services company, released a summer 2014 report about how and where Millennials spend money in the categories of coffee, alcohol and fast food. Millennials, a demographic of nearly 75 million people, wield powerful purchasing power. The report analyzes spending activity during the first half of 2014 from its over 500,000 member base. The results provide a look into the spending behaviors of Americans aged 18 to 35 on those three specific categories. According the study, the Northeast is “well-represented” in the category of highest bar and liquor store expenditures with the five states for bar and liquor store purchases: 1. Massachusetts; 2. Colorado; 3. New York; 4. Wyoming; and 5. Illinois. States with the lowest bar and liquor store spending: 46. West Virginia; 47. Iowa; 48. South Dakota; 49. Alabama; and 50. Mississippi.

« | »