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Restaurant Closings Increase

According to a recent study by the NPD Group, a research firm, 5,204 restaurants have closed since the Spring of 2009, representing a 1% drop in the total number. As reported in the Nations Restaurant News, “[i]ndependent restaurants took the hardest hits, while chains kept their unit counts relatively stable.” As the Brewers Association revealed last week, brewpub openings increased slightly, reversing a trend where they’d been losing ground to the recession. Perhaps that’s tied to craft beer’s continuing increases, perhaps not. In any event, less restaurant visits means less opportunities to purchase beer, so that’s bad news for the production breweries who sell packaged and draft beer to restaurants.

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