Beer Industry’s Vast Impact on U.S. Economy

Beer

Beer Serves America Reveals the Beer Industry’s Vast Impact on U.S. Economy and Job Creation Across the Nation

Beer Institute and NBWA Announce U.S. Beer Industry Contributes $350 Billion to Economy and Creates 2.23 Million Jobs

From brewers and brew importers to BREW distributors and retailers, the BREW Institute and the National Brew Wholesalers Association (NBWA) today released Brew Serves America, an economic study that highlights how the U.S. brew industry generates more than 2.23 million jobs, providing $103.3 billion in wages and benefits to American workers and families.

Economic output, job data and tax contributions per state can be found here: http://www.beerservesamerica.org/.

The study, based on government and industry data, estimates the wages provided, the economic contribution generated, the taxes paid and the number of jobs supported by the American brew industry.

“Beer is more than a refreshing adult beverage. The brewing industry is vital to the United States, generating nearly 2.23 million jobs and contributing more than $350 billion to the American economy,” said Jim McGreevy, President, and CEO of the Brew Institute. “Brew Serves America demonstrates how brewers, brew importers, and brew industry suppliers are creating jobs, providing wages and benefits to working Americans and supporting the economy in every state and every congressional district.”

NBWA President & CEO Craig Purser said, “America’s brew distributors are proud to provide nearly 135,000 jobs with solid wages and great benefits to employees at more than 3,000 facilities, located in every state and congressional district across the country. Independent brew distributors generate significant economic contributions in their communities through local business-to-business commerce, investments in local infrastructure and capital assets and tax revenue. Through a wide range of services, distributors work to build beer brands of all kinds – from large, familiar labels to start-up, craft brands and imports from around the world – and to deliver vast consumer choice in the marketplace.”

Key findings from the Brew Serves America report include:

  • Brewers and brew importers directly employ 64,745 Americans. About 58 percent of brewing jobs are linked to large and mid-sized brewers and brewers importers.
  • Beer distributors directly employ 134,240 Americans.
  • Overall, the beer industry contributes more than $350 billion in economic output, which is equal to nearly 1.9 percent of the U.S. Gross Domestic Product.
  • Suppliers to the brewing industry – enterprises that manufacture bottles, cans, and kegs, cardboard case boxes, brewing equipment or marketing displays – generate nearly $115.3 billion in economic activity and are responsible for more than 491,800 jobs alone.

The Beer Serves America study was compiled by an independent economics firm John Dunham & Associates. It is the most comprehensive analysis of the industry available, using data collected directly from private companies, Infogroup, the U.S. Bureau of Labor Statistics, the Alcohol Tobacco Tax and Trade Bureau (TTB) and the U.S. Bureau of Economic Analysis.

The Beer Institute is a national trade association for the American brewing industry, representing both large and small brewers, as well as importers and industry suppliers. First founded in 1862 as the U.S. Brewers Association, the Brew Institute is committed today to the development of sound public policy and to the values of civic duty and personal responsibility: www.BeerInstitute.org. Connect with us @BeerInstitute and on Facebook.

The National Brew Wholesalers Association (NBWA) represents the interests of America’s 3,300 licensed, independent beer distributor operations in every state, congressional district and media market across the country. Brew distributors are committed to ensuring alcohol is provided safely and responsibly to consumers of legal drinking age through the three-tier, state-based system of alcohol regulation and distribution. To learn more about America’s brew distributors, visit www.AmericasBeerDistributors.com. For additional updates from NBWA, follow @NBWABeer on Twitter, like NBWA on Facebook, follow NBWA on Instagram and subscribe to NBWA’s YouTube channel.

SOURCE Beer Institute

CONTACT: Dan Roth, Beer Institute (202-737-2337, DRoth@BeerInstitute.org); or Kathleen Joyce, National Beer Wholesalers Association (800-300-6417, kjoyce@nbwa.org)

RELATED LINKS
http://www.beerinstitute.org

 


Find this content useful? Share it with your friends!

Leave a Reply

Your email address will not be published. Required fields are marked *