Industry News

Study: Beer companies create 1.75M jobs

Tim Devaney - - The Hill

The beer industry is responsible for more than $250 billion in annual economic impact and the creation of millions of jobs, according to a new industry report.

The Beer Institute and the National Beer Wholesalers Association issued the report Tuesday during a congressional briefing. It claims that beer companies are responsible for 1.5 percent of the gross domestic product and more than $48.5 billion in taxes.

Sam Adams is about to be kicked out of the ‘craft beer’ category

Jason Notte - - Market Watch

It required an act of Congress to tell us what a craft beer brewer actually is.

For years, the Brewers Association craft beer industry group offered its definition of a craft brewer, using metrics like barrels of production, percentage of a brewery owned by a non-craft brewer and more "traditional" aspects.

BA and BI Jointly Endorse Tax Reform Bill

David Eisenberg - - Brewbound

The Brewers Association and the Beer Institute issued a joint statement this afternoon in support of a new bill that would restructure the federal excise tax rate on beer, creating a unified front to take on an issue that has for years divided the beer industry's two leading advocacy groups.

The bipartisan Craft Beverage Modernization and Tax Reform Act – filed by Reps. Erik Paulsen (R-MN) and Ron Kind (D-WI) – is actually a companion bill of the same name filed by Sen. Ron Wyden (D-OR) in the Senate earlier this month.

Raise a Glass

Craig A. Purser, President & CEO, NBWA - - US News & World Report

To the Editor:

The May 27, 2015 article "Just like foodies, beer geeks slake their thirst by hitting up the brewery next door" rightly points out that craft beer is growing exponentially because of consumers eager to try new brews and brewers excited to make new flavors, styles and labels of beer; however, there is a third reason for the explosion in craft beer. America's 3,300 independent beer distributors who invest in new brands, promote them in markets far and wide, and deliver them to bars and stores often hundreds, and in some cases thousands, of miles away.

It's because of the unique American system of beer distribution that the U.S. saw more than 600 new breweries open last year, according to the Brewers Association. It's because of this system that craft brewers continue to see double digit growth as a segment year after year and pierced the 10 percent volume mark in the U.S. for the first time this past year.

Craft Beer Struggles to Keep It Local, Raising Questions for the Loyal

Jason Notte - - Main Street

NEW YORK (MainStreet) – Local production has been a cornerstone of U.S. craft beer — one that craft's growth may undercut.

According to a Nielsen report issued this year, 53% of beer consumers ages 21 to 34 cite local production as important in choosing what beer they buy, compared with just 45% among all drinkers over 21. Among those same 21- to 34-year-olds, 32% say locally produced beer has only become more important to them over the past few years, compared with just 22% of all 21-and-over beer drinkers who've reached the same conclusion.

Bart Watson, chief economist at the Brewers Association craft beer industry group, felt this information was not only worth touting, but points out that 75% of Americans 21 and older now live within 10 miles of a brewery. There are now more than 3,400 licensed breweries in the United States contributing to a $19.6 billion craft beer industry, according to the Brewers Association. There are another 2,000+ on the way.

A locavore following is great for all of those brewers, right? Kind of.

Why Craft Beer Will Be Almost Unrecognizable By The Year 2020

Jason Notte - - Main Street

The folks at the Brewers Association craft beer industry group want a 20% share of the beer industry by 2020. It's how they get to that point that should concern beer drinkers.As the Brewers Association revealed during its Craft Brewers Conference in Portland, Ore., last month, craft beer now accounts for 11% of U.S. beer sales by volume and 19.3% of beer sales by dollar value. When the Brewers Association talks about that 20% share in five years, it's looking for volume and doesn't see any reason that kind of growth shouldn't be possible.

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