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.
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.
U.S. beer shipments declined -7.7% in August 2024, according to domestic tax paid estimates from the Alcohol and Tobacco Tax and Trade Bureau shared by the Beer Institute. Brewers shipped an estimated 13 million barrels in August 2024, down from the 14,080,189 barrels shipped in August 2023.
Gulf Distributing SVP Rebecca Maisel made a rallying cry for beer distributors to get energized and invest in their businesses during her first speech as National Beer Wholesalers Association (NBWA) chair on Tuesday at the trade group’s annual gathering.
Heineken USA CEO Maggie Timoney laid out several contributing factors that she sees chipping away at the beer category during a fireside chat on Day 2 of the National Beer Wholesalers Association’s (NBWA) Annual Convention in San Diego.
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.
For both the beer industry and the larger political and social environment, “there are new rules to the game,” National Beer Wholesalers Association (NBWA) president and CEO Craig Purser said in his opening remarks of the trade group’s Annual Convention in San Diego.
Kimberly McKinnish, SVP and chief operating officer of the National Beer Wholesalers Association (NBWA), joins the Brewbound Podcast to preview Making Moves 2024, taking place October 1-2 in San Diego immediately following the NBWA’s 87th annual convention.
Wholesalers continue to show caution in their beer ordering, according to the latest Beer Purchasers’ Index (BPI) from the National Beer Wholesalers Association (NBWA).
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.
California Craft Brewers Association (CCBA) executive director Lori Ajax will vacate the position at the end of 2024, the trade association representing California’s craft brewing industry shared Wednesday.
