Please ensure Javascript is enabled for purposes of website accessibility

CDC Report Finds Binge Drinkers Are Increasing Intensity Of Alcohol Use

By Taylor Carmichael - Updated Jan 17, 2020 at 3:31PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Alcohol-related deaths are up 50% since 1997.

The Centers for Disease Control and Prevention published a report on Friday about the escalation of binge drinking in the U.S. The study said 37 million Americans binge drink once a week. And the total number of drinks they consume is getting higher and higher, jumping from 472 drinks a year in 2011, to 529 drinks in 2017. 

The CDC reports that excessive drinking kills one in 10 Americans between the ages of 20 and 64 years. In 2010, more than 88,000 Americans died from alcohol misuse, a number that researchers believe is an undercount. That figure includes over 14,000 who died from alcoholic liver disease and over 12,000 who died in alcohol-related car crashes. In another study, researchers from the National Institute on Alcohol Abuse and Alcoholism determined that alcohol-related deaths increased 50% over the last two decades.  

liquor on bar

Image source: Getty Images

The business of alcohol

Alcohol is a big business, worth more than $1.4 trillion worldwide. The largest public companies in this sector include AB InBev (BUD 1.56%)Molson Coors Brewing (TAP 1.12%), and Constellation Brands (STZ -0.40%).

So far, the alcohol industry has avoided the heavy regulation that affects tobacco companies. For instance, alcohol can still advertise on television. The alcohol industry spends over $2 billion on advertising in the U.S.  

AB InBev committed to spending $1 billion dollars to promote "smart drinking," which includes the avoidance of binge drinking and driving while intoxicated. Meanwhile, the alcohol industry has commissioned a study that says binge drinking is on the decline.  

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Constellation Brands, Inc. Stock Quote
Constellation Brands, Inc.
$243.03 (-0.40%) $0.97
Anheuser-Busch InBev SA/NV Stock Quote
Anheuser-Busch InBev SA/NV
$56.10 (1.56%) $0.86
Molson Coors Beverage Company Stock Quote
Molson Coors Beverage Company
$54.33 (1.12%) $0.60

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/26/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.