Despite higher prices, Floridians will continue to buy alcohol during the holiday season – CBS Miami

MIAMI (CBSMiami) – As prices continue to rise, some people are cutting back on their purchases – except when it comes to alcohol., one of the leading providers of drug treatment resources, surveyed 3,818 Americans and found an interesting response to “intoxication.” The survey found that nearly 2 in 3 Floridians (64%) will continue to purchase the same amount of alcohol as they usually would throughout the holiday season, regardless of inflated alcohol costs.

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This compares to a national average of 59%.

Vermonters were the most willing to spend money on alcohol – 90% said they would continue to buy the same amount despite inflated costs. In contrast, only about 40% in New Mexico said they would.

The survey also found that more than a third of Americans (37%) consider alcohol to be an essential purchase.

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What’s more, more than one in three think the government should cut alcohol taxes if inflation, currently at its highest level since the 1920s, increases in order to keep costs down.

Thirty-two percent of drinkers will simply switch to cheaper, less well-known brands if prices exceed their threshold.

According to the United States Bureau of Labor Statistics. the prices of alcoholic beverages were 565.88% higher in 2021 than in 1952. Between those years (1952 to 2021), alcohol experienced an average inflation rate of 2.79% each year.

The survey also asked people what alcohol inflation rate should be in order to cut back on their purchases. Overall, the average drinker said that an 8.79% increase would make them buy less alcohol.

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When asked which vacation they would prefer to spend sober, if they had to make that choice, 41% responded on Christmas Day, followed by 29% who responded Thanksgiving. Only 12% said New Years Eve.

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