NEW YORK (Reuters) - Boutique beers are the new cocktail as more money-conscious Americans choose cheaper high quality draft beers made by small local breweries over wine and spirits amid the country's recession, experts say.

A new generation of craft brewers, defined by some as those who produce less than 2 million barrels a year, is attracting new drinkers who would rather pay $6 to $8 for premium draft than a cocktail or glass of wine that costs twice as much. Read more...