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US Soda Sales Drop for 12th Straight Year

Soda makers are probably singing the beverage blues this year, with reports that sales decreased again by about 1.2 percent in the U.S., making it the 12th year in a row for a decline. Reuters attributed it to consumers choosing healthier options and a “slew of sugar taxes aimed at stemming obesity and diabetes.” To make up for their plummeting sales, beverage companies boosted their profits by charging higher prices for smaller containers, Reuters said. The other thing soda...