The craft beer market has been heavily influenced by a change in preference for these less recognized beers. There has been a significant increase in demand for craft beer in general in the past five ten years. Independent and small beer producers accounted for 24.5 million barrels two years ago. This production was a 13 percent rise in volume and led to a 16 percent increase in retail dollar value. Then in 2016, the sales of craft beer increased by 6.2% and saw a 10% dollar sales growth. After examining these statistics, it is evident that this market has seen Continue reading Where is the Craft Beer Market Headed?
To follow up Obama’s restoration of trade relations with Cuba about a week ago, it seems worthwhile to look at other aspects of Cuba’s changing economy. The state of the real estate market in Cuba, specifically in Havana, has been on the rise as Americans and foreigners have begun to look for ways to purchase Cuban property. Some of the houses in Cuba are still owned by the government, but since 2011 the state has allowed homeowners to buy and sell property. Cuba law also prohibits nonresidents from purchasing property. But this doesn’t stop foreigners from getting a piece of Continue reading Cuban Real Estate: Untapped Territory