Spirits revenue slipped in 2025, even as overall drinking held up.⁠ ⁠ New data from the Distilled Spirits Council of the United States shows consumers trading down, with premium categories like tequila and vodka losing revenue while lower-priced tiers gained traction. Volumes rose, but spending softened.⁠ ⁠ The standout was ready-to-drink cocktails, which gained share as shoppers favored convenience and value. The pandemic surge is clearly over, and the industry is now adjusting to a more price-sensitive consumer.⁠ ⁠ (via @cnbc) #spirits #cocktails #revenue #list #usa