Second Report on Alcohol Consumption and Health Draws Industry Trade Groups’ Ire
All major beverage-alcohol industry trade groups have united in opposition of a draft study about alcohol consumption’s effect on health, which was released Tuesday.
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Beer Institute: May Marks Record Number of Beer Imports; Domestic Tax Paids Back in the Black
More than 4.043 million barrels of beer were imported into the U.S. in May, marking the first time more than 4 million barrels were imported in a single month, according to Beer Institute (BI) chief economist Andrew Heritage, citing the latest report from the Department of Commerce.
Beer Institute: April Shipments Bounce Back from Steep March Declines
April domestic tax paid shipments declined an estimated -4.3% year-over-year (YoY), to 12.3 million barrels, according to Beer Institute (BI) chief economist Andrew Heritage, citing estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Beer Institute: Decelerated March Shipments Bring Q1 Into the Red; All 50 States Report Shipment Declines
Domestic tax paid shipments declined an estimated -13.6%, to 12.7 million barrels, marking a loss of more than 1.9 million barrels in March 2024 versus March 2023, according to Beer Institute chief economist Andrew Heritage, citing estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
BI: Domestic Tax Paids Post Strongest Monthly Growth Since May 2021; Strongest Total February Volume Since 2016
An estimated 11.9 million barrels of beer were shipped in February, a +7.9% increase year-over-year (YoY), marking the “strongest monthly growth in almost three years, since May 2021,” Beer Institute (BI) chief economist Andrew Heritage wrote in the trade group’s latest round of economic reports, citing estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
CHEERS Act Introduced to Give Bars and Restaurants Tax Deduction for Draft Systems
A bipartisan bill is reigniting the fight to give a tax dedication to bars and restaurants with draft beer systems.
Beer Institute: Domestic Tax Paids Increase For First Time Since February 2023
Domestic tax paid shipments increased +1.8% in January 2024 versus January 2023, marking the first year-over-year (YoY) increase since February 2023, according to the Beer Institute (BI), citing estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Beer Institute: 2023 Beer Shipments Decline -6.5%; December Volume -2.5% YoY
Domestic tax paid shipments declined by more than 10.59 million barrels in 2023, according to the Beer Institute (BI), citing estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Beer Institute: November Shipments -6.8%, But ‘Worst is Behind Us’
November domestic tax paid shipments from U.S. brewers were down -6.8% year-over-year (YoY), to an estimated 10.95 million barrels, according to the Beer Institute (BI) in its latest round of economic reports.
Beer Institute: October Domestic Tax Paids Down -10.8%, September Adjusted to -11.4%
October domestic tax paid shipments from U.S. brewers were down -10.8% versus October 2022, to an estimated 11.35 million barrels, marking a loss of 1.38 million barrels year-over-year (YoY), according to Beer Institute (BI) chief economist Andrew Heritage.
Beer Institute: September Domestic Tax Paids -7.4% YoY, Down for 7th Consecutive Month
Domestic tax paid shipments from U.S. breweries have now declined for seven months in a row, declining an estimated -7.4% (nearly 14.3 million barrels) in September versus September 2022, according to the Beer Institute (BI) in the trade group’s latest round of monthly economic reports.
Beer Institute: August Domestic Tax Paid Shipments -5.1%
Domestic tax paid shipments from U.S. breweries continued their six-month streak of declines, with a -5.1% dip in August 2023 compared to August 2022, the Beer Institute (BI) reported, citing numbers from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Beer Institute Honors Jim Ryan with Jeff Becker Beer Industry Service Award
The Beer Institute has awarded Jim Ryan the 2023 Jeff Becker Beer Industry Service Award for his leadership and dedication to the U.S. beer industry.
BI Updates Advertising Code, Including Social Media Content Compliance Language
The Beer Institute (BI) has updated its Advertising and Marketing Code, including new guidelines on social media marketing and advertising placement standards.
BI Economic Reports: Domestic Tax Paids -6.8% YoY Thru July; TTB Lowers June Estimates
Domestic tax paid shipments for July were down -8.4% versus July 2022, to 12.8 million barrels, according to the Beer Institute (BI) in its latest round of economic reports.