Craft Brewing and Distilling News for August 2, 2017August 2, 2017
•Oregon’s House Spirits has launched Westward American Single Malt Whiskey nationally. The 45%-abv whiskey is a non-age-statement blend of whiskies made from Northwest barley. Westward is an extension of House Spirits’ whiskey production; previously the company produced 375-ml. bottles of Westward Oregon Single Malt, a single-barrel product available in limited markets. House Spirits Westward American Single Malt Whiskey retails at around $85 a 750-ml. and is now available throughout the U.S.
•The Brewers Association has confirmed a slowdown in the craft beer segment over the first half of 2017. The organization’s mid-year figures show a growth rate of 5% from January-June—compared with routine double-digit progress in recent years. The Brewers Association said the deceleration reflects the maturing of the craft beer market, and noted that the evolution has also included better on-premise and taproom sales lately. Goldman Sachs recently downgraded expectations for several brewers after reporting that younger consumers are drinking less than their predecessors and are more likely to choose wine or spirits over beer.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.