Bourbon, Tennessee whiskey sales up in US; exports top $1 billion, with strong overseas demand

Economic Indicators Associated Press

New figures show producers of Kentucky bourbon and Tennessee whiskey scored another round of U.S. sales growth in 2014, while exports topped $1 billion.

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The Distilled Spirits Council said Tuesday that when mixed together, U.S. revenues for bourbon and Tennessee whiskey rose by 9.6 percent to $2.7 billion last year.

It says domestic volume shot up 7.4 percent to 19.4 million cases.

Revenue and volume gains last year were similar to increases registered in 2013.

The domestic numbers reflect sales from producers or suppliers to wholesalers.

In another good sign for producers, the category's pricier super premium products notched 19.2 percent gains in both revenues and volumes.

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The council says demand for bourbon and Tennessee whiskey remained strong with overseas drinkers, with exports projected to top $1.02 billion for 2014.