Anyone looking for an answer to when craft’s current era of compounding hurdles and declines will come to an end received a reality check Wednesday during Brewers Association (BA) president and CEO Bart Watson’s state of the industry address, held at the start of Day 2 of the Craft Brewers Conference (CBC) in Indianapolis.
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.
The Brewers Association (BA) is prioritizing legislative efforts that widen craft brewers’ market access as the segment faces a challenging sales environment and narrowing distribution routes, BA general counsel Marc Sorini said during a presentation at the Craft Brewers Conference (CBC) last month in Las Vegas.
For craft breweries to return to growth, they have to do more than just make great beer, Brewers Association (BA) chief economist and VP of strategy Bart Watson said during his state of the industry address Tuesday on Day 2 of the Craft Brewers Conference (CBC) in Las Vegas.
The 2024 Craft Brewers Conference (CBC) and BrewExpo America will take place from April 21-24 in Las Vegas, Nevada, hosted by the Brewers Association (BA).
The Craft Brewers Conference (CBC) was the first industry event I ever attended, so I see it as the unofficial start to a new year. It’s also a great pulse check on how the industry – and all the folks you catch up with – have changed and evolved since the last CBC.
In the latest installment of Brewbound’s A Round With – a weekly Insider-exclusive Q&A series with industry leaders – Leah Cheston tells us about craft beer in the nation’s capital and helping to steer the segment toward stability.
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.
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.
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.”
More than 260 breweries were awarded medals Saturday in Denver at the Great American Beer Festival (GABF). The Brewers Association (BA) gave out 303 medals to 263 breweries in the 37th year of the competition and 41st year of the festival, according to a press release.