Trade Resources Company News Craft Brewers Contributed $33.9 Billion to The U.S. Economy

Craft Brewers Contributed $33.9 Billion to The U.S. Economy

According to a new analysis by the Brewers Association (BA)—the not-for-profit trade association that represents the majority of U.S. breweries—small and independent American craft brewers contributed $33.9 billion to the U.S. economy in 2012.

The figure is derived from the total impact of beer brewed by craft brewers as it moves through the three-tier system (breweries, wholesalers and retailers), as well as all non-beer products that brewpub restaurants sell.

"With a strong presence across the 50 states and the District of Columbia, craft breweries are a vibrant and flourishing economic force at the local, state and national level," said Bart Watson, staff economist, Brewers Association. "As consumers continue to demand a wide range of high quality, full-flavored beers, small and independent craft brewers are meeting this growing demand with innovative offerings, creating high levels of economic value in the process."

In addition to the national impact, the BA examined output of the craft brewing industry by state, as well as the state economic contribution per capita for adults over 21.

For some or all of 2012, 2,347 craft breweries operated in the U.S., comprised of 1,132 brewpubs, 1,118 microbreweries and 97 regional craft breweries. During this timeframe, craft brewers sold an estimated 13,235,917 barrels of beer, with a retail dollar value estimated at $11.9 billion*. The industry also provided more than 360,000 jobs, with 108,440 jobs directly at breweries and brewpubs, including serving staff at brewpubs.

 

Source: http://beer.drinks-business-review.com/news/craft-brewers-economic-contribution-reaches-34bn-in-us-171213-4147541
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Craft Brewers' Economic Contribution Reaches $34bn in US