FORBES | How Inflation is Impacting The Craft Beverage Industry

By Joseph V. Micallef, Contributor —

Over the last several years, widespread, persistent inflation and significant labor shortages have been a defining feature of the US economy. Recently I sat down with a group of craft distillers to explore how inflation has impacted them. Not surprisingly, all of them had experienced significant increases in operating costs, generally between 15% and 20%, over the last several years. Surprisingly, however, other than for labor costs, the increases they experienced varied dramatically depending on their activity and location.

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