According to the new report, alcohol is the third leading preventable cause of cancer in the United States, behind tobacco use and obesity, but nearly three-quarters of Americans are unaware that increased alcohol consumption raises cancer risk.
The report generated concern among investors, indicated by the drop in stock prices at the market opening just two hours after the report was published., distributors for Modelo and Corona beers, Casa Noble tequila, and Mondavi wines, fell by approximately 1.25% one hour after the market opening. Murthy said when announcing the report that alcohol was a factor in 20,000 cancer deaths in the U.S. each year, about 6,500 more deaths than alcohol-related traffic fatalities annually.
Worldwide, an estimated 741,300 cancer cases were associated with alcohol consumption in 2020, nearly 1 in 4 of which were related to consuming fewer than two drinks per day.Whether Murthy’s call for warning labels will be heeded remains to be seen, as several Republicans have accused public health authorities of overreach on alcohol guidance, including Rep.
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