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Stock impact report

Boom or bust? New report checks pulse on Kentucky's bourbon industry [Yahoo! Finance]

Brown Forman Inc Class A (BF.A) 
Company Research Source: Yahoo! Finance
Many of those trends were reflected a report released on Feb. 2 by the Kentucky Distillers' Association The 2024-2025 Economic and Fiscal Impacts of Kentucky's Distilling Industry biannual report has documented significant long-term expansion of the commonwealth's bourbon and distilled spirits industry since 2009, which now generates an all-time high of $372 million in state and local tax revenue. Still, it's no secret that 2025 was a grim year for Kentucky's bourbon industry. Brown-Forman kicked off 2025 by laying off 12% percent of its global workforce , and Jim Beam closed out a year of industry turmoil with the news it would halt production at one of its distilleries for 2026 Tariffs imposed by President Donald Trump's administration , too, curtailed foreign demand for Kentucky's favorite spirit. Domestically, whiskey's popularly has shifted due to evolving consumer tastes, changes in generational drinking habits and new competition for leisure spending, such as legalized recre Show less Read more
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