Research Update

 

Good afternoon,

Linked below is the Domestic Tax Paid Estimate for November 2019.

Here are a few key findings:

  • We estimate consumer retail spending on domestically produced beer increased by 1.4% during November 2019.
  • Domestic beer volume increased by 0.9% during November 2019, which had one fewer selling day than November 2018.
  • On a selling day adjusted basis, shipment volume was up 5.7% in November – the strongest adjusted trend of any month thus far in 2019.
  • November’s strong performance was driven primarily by hard seltzers.  The FMB segment’s volume, including hard seltzers, has grown by an estimated 40% year-to-date through November.

If you have any questions, please contact Michael Uhrich, the Beer Institute's Chief Economist, at muhrich@beerinstitute.org.

https://www.beerinstitute.org/wp-content/uploads/2019/12/November-2019-Monthly-Domestic-Tax-Paid-Shipment-Estimate.pdf

Cheers,

Jim McGreevy
President and CEO

 

 

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