Seasonal trends for onsite brewery sales have remained relatively consistent since January 2021, but “in real terms” – i.e. accounting for inflation – onsite sales continue to decline, according to Brewers Association (BA) staff economist Matt Gacioch, citing data from Arryved.
Craft beer has entered “no to negative growth territory,” Brewers Association (BA) chief economist Bart Watson said during a year-end webinar last week. “We were in double-digit growth as recently as 2014, 2015, and then we moved into kind of a more developed, slow, single-digit growth rate,” Watson said. “COVID hit, and we had the worst year in craft history in 2020 with a partial bounce back in 2021.
This year will be the first, other than 2020, in which independent breweries’ volume has declined in the modern era of craft beer, according to the Brewers Association’s (BA) 2023 Year in Beer report.
In the wake of Tuesday’s election, beer industry trade groups are diving into the changes that could be coming and the potential impact on their members, with shifts across the U.S. Senate, House of Representatives and White House.
Lester Jones, chief economist and VP of analytics at the National Beer Wholesalers Association (NBWA), joins the Brewbound team to discuss the importance of the on-premise, and how tides may be shifting in draft beer’s favor. Plus, Brewbound editor Justin Kendall and reporter Zoe Licata also recap the reimagined Great American Beer Festival.
More than 270 breweries and cideries won medals at the Brewers Association’s (BA) Great American Beer Festival (GABF) on Saturday in Denver. The BA awarded 326 medals to 273 competitors in the 38th year of the competition and 42nd year of the festival.
Craft breweries made an average of $1,511.35 in total revenue per barrel of beer sold in 2023, according to the Brewers Association’s (BA) financial benchmarking survey.
A week before the Brewers Association’s (BA) largest consumer-facing event kicks off in Denver, the trade organization has hired the person who will shape the future of its events with the appointment of Lacey Gautier as VP of meetings and events.
Last year’s overall craft volume decline was felt more acutely in the Midwest than other regions, according to a recent report from Brewers Association (BA) staff economist Matt Gacioch.
IPA drinkers in Connecticut and Delaware have boosted the style to have the largest share of craft off-premise dollars in the country, according to a recent report from Brewers Association (BA) staff economist Matt Gacioch.
Brewers Association (BA) staff economist Matt Gacioch examined the Federal Reserve’s half-point rate cut on Wednesday and the potential impact for small businesses, including craft breweries. Major media outlets have described the rate cut as “jumbo-sized.”
While “it might feel like we’re hearing more about brewery closures” since the COVID-19 pandemic, there are still plenty of craft breweries opening across the country, according to Brewers Association staff economist Matt Gacioch.
Beverage-alcohol industry trade groups didn’t hold back in their feedback to the Interagency Coordinating Committee on the Prevention of Underage Drinking (ICCPUD) about recent changes to the process by which the Dietary Guidelines Advisory Committee (DGAC) evaluates alcohol’s place in the Dietary Guidelines for Americans (DGA).
The Brewers Association reported that more than 9,500 attendees made the trip to Las Vegas for the Craft Brewers Conference April 21-24, including more than 740 exhibitors and more than 3,100 breweries, according to a post-CBC report shared by the trade group.
Craft volume is down an estimated -2% through the first six months of 2024, according to Brewers Association (BA) chief economist and VP of strategy Bart Watson in his annual midyear webinar Tuesday.
Long-time Brewers Association (BA) president and CEO Bob Pease will retire on June 30, 2025, after 32 years at the trade organization representing small and independent craft brewers, Pease and the BA announced last week.
Flavor remains at the forefront of bev-alc purchasing decisions, according to data from the Brewers Association’s (BA) annual Harris Poll, shared by chief economist and VP of strategy Bart Watson and staff economist Matt Gacioch last week.
