U.S. beer sales slump as higher gas prices squeeze consumers, with convenience stores and high-fuel-cost states with higher-cost fuel seeing the sharpest declines.

U.S. beer sales slump as higher gas prices squeeze consumers, with convenience stores and high-fuel-cost states with higher-cost fuel seeing the sharpest declines.

According to NielsenIQ, sales of alcoholic beverages fell 5.4% in April compared to the same month last year. The decline is most pronounced at convenience stores.