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.
Small and independent craft brewery production totaled around 23.4 million barrels in 2023, a -1% decline compared to 2022, the Brewers Association (BA) reported today.
The Brewers Association (BA) announced the recipients of its 2024 awards yesterday, recognizing individuals for their contributions to the craft brewing industry.
A majority of legal-drinking-age (LDA) consumers believe that states need to allow for direct-to-consumer (DTC) shipping of beer, according to a survey conducted by The Harris Poll on behalf of Sovos ShipCompliant, a bev-alc shipping and distribution compliance company.
This time last year, Brewers Association (BA) chief economist Bart Watson warned that the U.S. hop supply was becoming “unsustainable,” and predicted a drop in hop production in 2023.
Craft industry members are constantly asking about “price elasticity,” according to Brewers Association (BA) chief economist Bart Watson in his latest deep dive for the trade association.
Homebrew Con, the American Homebrewers Association’s (AHA) annual gathering of homebrewers, is on hiatus.
Brewers Association (BA) president and CEO Bob Pease acknowledged 2023 was “challenging for many small and independent brewers” in a recorded video accompanying the organization’s annual report.
Chief economists Bart Watson (Brewers Association) and Lester Jones (National Beer Wholesalers Association) spent much of the past couple years staving off fears of a recession and preaching about how beer is “economically resilient.”
After a seven-month slowdown, beer inflation “has reemerged in the past three months,” Brewers Association (BA) chief economist Bart Watson wrote on Twitter/X, following the release of the October Consumer Price Index (CPI) from the U.S. Bureau of Labor Statistics (BLS).
The Brewers Association (BA) published its first Salary and Benefits Benchmarking Report since 2020. Sixty breweries responded with information about 80 common industry jobs, representing 7,396 employees.
The demand for craft beer isn’t growing anymore, and craft has officially become a mature – not maturing – market, Brewers Association (BA) chief economist Bart Watson told industry members Monday at the Massachusetts Brewers Guild’s Technical Brewing and Business Conference, held at Jack’s Abby in Framingham, Massachusetts.
