Articles Tagged with 'Data'

Total Beer Dollar Sales Up Midway Through 2019

Total Beer Dollar Sales Up Midway Through 2019

A majority of Americans say beer is their alcoholic beverage of choice during the July 4 holiday, according to a survey commissioned by national trade group the Beer Institute (BI). The poll — conducted by Quadrant Strategies between June 21-25 — asked 1,000 legal-drinking-age adults which alcoholic beverage they’d be consuming or serving during Independence Day. Beer was the answer for 75 percent of the respondents.

Many Top 50 Craft Breweries Struggling to Grow, Brewers Association Data Suggests

Many Top 50 Craft Breweries Struggling to Grow, Brewers Association Data Suggests

More than half of the top 50 Brewers Association-defined craft brewing companies didn’t grow in 2018, according to data published in the May/June edition of the not-for-profit trade group’s New Brewer magazine. It’s the third consecutive year that at least half of the top 50 regional craft brewing companies — those producing between 15,000 and six million barrels of beer a year — didn’t grow. In 2018, 28 of the top 50 small and independent breweries either declined or remained flat. In fact, just seven companies in the top 20 posted mid-to-low single-digit growth.

Study: US Beer Industry Supports More than 2 Million Jobs

Study: US Beer Industry Supports More than 2 Million Jobs

The U.S. beer industry was responsible for creating more than 2.19 million jobs that paid more than $101 billion in wages and benefits in 2018, according to a joint study released today by industry trade organizations the Beer Institute (BI) and the National Beer Wholesalers Association (NBWA).

As More Brewers Buy on Spot, Brewers Association Suggests Contracting for Hops

As More Brewers Buy on Spot, Brewers Association Suggests Contracting for Hops

A growing number of U.S. craft breweries are not locking in long-term hops contracts and that leaves those companies vulnerable as supply tightens, according to industry trade group the Brewers Association (BA), which surveyed 250 members to gain insight into how beer makers are managing one of the industry’s most important raw materials.

Meeting of the Malts: Pennsylvania Craft Beer Production Tops in the Nation

Meeting of the Malts: Pennsylvania Craft Beer Production Tops in the Nation

For the third consecutive year, Pennsylvania produced more craft beer than any other state in the nation, Brewers Association chief economist Bart Watson shared during the Brewers of Pennsylvania’s annual Meeting of the Malts gathering in Hershey, Pennsylvania.

Beer Market Share Falls Below 50 Percent in 2018

Beer Market Share Falls Below 50 Percent in 2018

Beer no longer holds a majority of the share of total alcohol servings in the U.S. Beer Institute chief economist Michael Uhrich reported today during a State of the Industry presentation that beer’s share of total alcohol servings fell to 49 percent, down about 1 percent, as hard liquor (35.6 percent) and wine (15.4) both gained share.

Record Number of Breweries Operating in California, New York

Record Number of Breweries Operating in California, New York

Two of the largest U.S. states now boast a record number of breweries. According to an economic impact study released Tuesday by the California Craft Brewers Association, California continues to be home to the most breweries in the nation, with more than 980 in operation as of April 2019. Meanwhile, an economic impact study released today by the New York State Brewers Association, found that 434 craft breweries were operating in the Empire State at the end of 2018.

Brewers Association: Craft Growth Outpacing Overall Beer Market

Brewers Association: Craft Growth Outpacing Overall Beer Market

Once again, a record number of craft breweries were in operation in 2018, according the Brewers Association (BA), a trade organization that represents small and independent breweries. The BA, which released its 2018 craft industry growth statistics today, reported that 7,346 craft breweries operated in the U.S. in 2018. That’s up from 6,490 in 2017.

Maine Craft Breweries Generate $260 Million of Economic Impact

Maine Craft Breweries Generate $260 Million of Economic Impact

Maine’s craft beer industry contributed more than $260 million to the state’s economy in 2017, according to a biennial economic impact study conducted by the University of Maine in conjunction with the Maine Brewers’ Guild. The report, which examined data from 2017, notes that in-state craft breweries generated more than $168 million in total revenue, while producing an estimated 319,590 barrels of beer.

Sierra Nevada Appoints New CEO, Eyes 5 Percent Growth in 2019

Sierra Nevada Appoints New CEO, Eyes 5 Percent Growth in 2019

Sierra Nevada Brewing Company has a new CEO. Brewery founder Ken Grossman named former chief operating officer Jeff White to the position last October, the California-headquartered brewery confirmed to Brewbound.