Research Update

 

Good afternoon,

Linked below is the July 2017 Domestic Tax Paid Estimate.

Below find a few key points provided by our Chief Economist, Michael Uhrich:

  • Domestic beer shipment volume decreased 4.6% during July 2017, on the same number of selling days compared to July 2016.
  • Domestic beer volume is now down 2% year-to-date through July and  is down 1.5% over the last 12 months.
  • Compared to 2016, 2017 has so far been marked by slower growth in household incomes and faster growth in the general price level. As a result, household budgets are more constrained than they had been last year, which is likely contributing to beer’s modest performance this year.

If you have any questions, please contact Michael at either 202-737-2337 or muhrich@beerinstitute.org.

Cheers,

Jim McGreevy
President and CEO

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