Beer Institute

NielsenIQ: Off-Premise Beer Category Dollar Sales Up Through First Weeks of 2021

NielsenIQ: Off-Premise Beer Category Dollar Sales Up Through First Weeks of 2021

Off-premise beer category dollar sales increased 15.7% year-to-date through January 23, compared to the same period last year, market research firm NielsenIQ reported. For the four weeks ending January 23 (which includes December 28-31, 2020), off-premise dollars sales of the beer category — which includes core beer, flavored malt beverages, hard seltzers, ciders and malt liquor — increased 14.2%, indicating slight acceleration after January 1.

Excise Tax Relief Made Permanent After President Trump Signs Relief Package

Excise Tax Relief Made Permanent After President Trump Signs Relief Package

Federal excise tax cuts for brewers and importers have finally been made permanent. After nearly a week of uncertainty, President Donald Trump on Sunday signed into law the $900 billion economic relief package and $1.4 trillion government funding bill Congress passed last week.

President Trump Criticizes Relief Package; Permanent Excise Tax Relief in Limbo

President Trump Criticizes Relief Package; Permanent Excise Tax Relief in Limbo

Permanent excise tax cuts for brewers and importers was just a signature away. However, getting pen to paper on the $900 billion economic relief package and a $1.4 trillion government funding bill passed by Congress is now in question after President Donald Trump unexpectedly pushed back against the measures.

US Senate, House Pass $900 Billion Relief Package, Including Excise Tax Reform, Additional PPP Funding

US Senate, House Pass $900 Billion Relief Package, Including Excise Tax Reform, Additional PPP Funding

A permanent reduction in the federal excise tax for alcohol producers and importers is a signature away. The U.S. House of Representatives and U.S. Senate have both signed off on the $900 billion economic relief package, which includes language from the Craft Beverage Modernization and Tax Reform Act (CBMTRA), as well as additional Paycheck Protection Program (PPP) funding for small businesses, among other measures.

Data Club: Wholesaler Beer Purchasing Expands in October; Brewers Ship 14.8M Barrels in September

Data Club: Wholesaler Beer Purchasing Expands in October; Brewers Ship 14.8M Barrels in September

The National Beer Wholesalers Association’s (NBWA) Beer Purchasers’ Index — which tracks wholesalers’ monthly buying behaviors — expanded in October 2020 with an index of 76. Meanwhile, year-to-date through September, U.S. brewers have shipped more than 126.5 million barrels of beer, a decline of 0.9% (or more than 1.1 million barrels), according to domestic tax paid estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB) shared by the Beer Institute.

Beer Institute Roundup: Pandemic Slows Can Recycling; US Will Not Impose Tariffs on European Beer

Beer Institute Roundup: Pandemic Slows Can Recycling; US Will Not Impose Tariffs on European Beer

Cans are a hot topic for the nation’s brewers, as the COVID-19 pandemic forced the closure of bars and restaurants for several months. Without on-premise venues to visit, Americans began to drink more beer at home, and cans picked up the slack in the market left by draft beer. Ball, the world’s largest manufacturer of aluminum cans, said inventory is likely to be sold out or severely tight for the remainder of the year.

President Trump Ends Tariff Exemption on Canadian Aluminum

President Trump Ends Tariff Exemption on Canadian Aluminum

With the nation’s can supply tightening, President Donald Trump yesterday announced the reimposition of a 10% tariff on Canadian aluminum, claiming that America’s neighbor to the north was flooding the market.