Dear Client:    COVID growth rates couldn't keep going forever. Indeed, US spirits volume growth is slowing to flat in the latest Nielsen and NABCA data sets. NABCA data shows rolling three month spirits volumes to April up just 0.2%, and spirits volumes were up 1.7% in the 12 weeks ended May 21 in NielsenIQ-measured … Continue reading "Bernstein: US Spirits Growth Ain’t What it Used to Be"