Industry Analysis & Industry Trends
Having emerged from the recession relatively unharmed, the Bars and Nightclubs industry turned around in 2010 and has continued to make strides over the past five years. Revenue growth has been slow, however, hampered by shaky consumer confidence and stubbornly high unemployment, meaning people have been more content to drink at home rather than at bars or nightclubs. In the coming years, bar and nightclub owners will reap the rewards of increasing household incomes and consumer spending, increasing revenue... purchase to read more
Industry Report - Industry Locations Chapter
As a service-based retail industry, bar and nightclub operators are dispersed largely in line with population and income distribution. The industry is concentrated in the West, Great Lakes and Mid-Atlantic regions, mainly due to population distribution and size. Most of these regions have a large number of relatively small establishments, in terms of employment and revenue. However, the industry tends to also be under-represented in the Southeast region. Licensing restrictions in some states also have an impact on this industry's operations and location.
Research by the US Department of Agriculture indicates that the states with the highest per capita consumption of distilled spirits are New York, Florida, Texas and California... purchase to read more