Beer Sales Go Up Despite Slow EconomyPosted: Updated:
"Anything good is good but this is better than we'd planned on," said Jim Newhouse, partner for the Newhouse hops farm.
Jim Newhouse and his brother grow hops, a main ingredient for beer. They say this year alone, their production has gone up almost 30 percent. Because of this, they've added 100 acres more to their hops farm.
"This is something of a fluke," said Newhouse.
Most companies suffer in a slow economy. The Newhouse brothers say the slow economy is what's helping them grow.
"Our exports increase when the U.S. dollar is weak and that's what we see right now," said Dan Newhouse, partner for the Newhouse hops farm.
But the slow economy isn't just helping hops farmers it is helping local breweries too. Snipes manager attributes high gas prices for why sales have been rising.
"They're staying here and spending money here in the local economy," said Alex de la Cruz, the manager at Snipes Mountain Brewery.
Snipes has gone up 7 percent in beer sales at their restaurant and from selling beer wholesale. And while Snipes continues to pour beer to their customers, they are still weary.
"We worry that it's going to go down," said de la Cruz.