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.
The U.S. beer industry recorded $409.2 billion of economic output in 2022, making up about 1.6% of the country’s gross domestic product (GDP), according to latest Beer Serves America report, a biennial study commissioned by the Beer Institute (BI) and the National Beer Wholesalers Association (NBWA).
After one month in the black, domestic tax paid shipments from U.S. breweries dipped into the red again with a -2.3% decline in March 2023, according to the Beer Institute (BI), citing numbers from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
U.S. brewers shipped more than 11.1 million barrels of product in January 2023, a decline of -4.4% year-over-year (YoY), according to the Beer Institute (BI), citing domestic tax paid shipment estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
CPI for Beer At-Home +9% in January vs. 2022 The Consumer Price Index (CPI) for beer at-home continues to outpace inflation, increasing +9% last month versus January 2022, according to the U.S. Bureau of Labor Statistics (BLS). Beer price hikes have yet to slow down, increasing +8.6% year-over-year (YoY) in December, +7.7% in November and… Read more »
A new year brings the return of legislative sessions across the country and a new agenda for leaders of state brewers guilds. Texas Craft Brewers Guild executive director Caroline Wallace and Iowa Brewers Guild executive director Noreen Otto share their priorities in 2023, including advocating for direct-to-consumer sales, protecting existing privileges, working with wholesalers and much more.
Danelle Kosmal, VP of research for the Beer Institute; Jon Berg, VP alcohol industry thought leadership at NielsenIQ; and Danny Brager from 3 Tier Beverages provided a reality check with context on the state of the beverage alcohol industry during the Brewbound Live business conference.
U.S. brewers have now shipped fewer barrels of beer in nine of 11 months this year, with the November 2022 domestic tax paid estimate down -4% compared to November 2021, according to the Beer Institute, citing the latest figures from the Alcohol and Tobacco Tax and Trade Bureau.
The outlook for beer may be more positive than headlines make it seem. That was the message from beer economy experts Monday during Beer Marketer’s Insights’ 2022 Beer Insights Seminar in New York City.
Trade groups across beer and spirits continue to fight over whether spirits-based, ready-to-drink canned cocktails (RTDs) should be taxed at the same as malt-based alternatives. The argument came to a head this month when Public Sector Consultants (PSC), a Lansing, Michigan-based public policy consulting firm, released a study claiming decreased excise tax rates for spirits-based RTDs have cost consumers more on shelf.
Government affairs leaders from the largest U.S. beer manufacturers are gearing up for battles with the liquor industry over tax equalization in several states in 2023.
The first goal of incoming Beer Institute (BI) chairman Anheuser-Busch CEO and North American zone president Brendan Whitworth is to continue delineating the differences between beer and hard liquor. In his address to the annual meeting of the trade group representing the country’s largest brewers, Whitworth highlighted three goals for his term leading the BI… Read more »
Five months after the departure of Jim McGreevy, the Beer Institute (BI) has named its next president and CEO. The trade group today announced the appointment of Brian Crawford, the executive vice president of government affairs for the American Hotel and Lodging Association (AHLA), as its next leader.